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09:58, 27 февраля


Gold price has a quite high volatility in recent days. Risk appetite is getting lower on global markets. The major stock markets such as Dax and Dow Jones had fell harshly yesterday. This leads to up move on Gold price.  

1630/1620 is the main support area for Gold. Any down movements can give a buying opportunities.  

Resistance levels: 1658 – 1665 - 1673 
Support levels: 1638 – 1630 - 1620