Dear readers,This week the August gold contracts (GCQ8, ZGQ8, YGQ8) traded between ~913$ and ~859$ (54$ range). The price did go below 868$ - 864$ but closed the week at ~873$. For August gold the important low is ~850$ and if that cant hold then there is major support between 835$ and 770$ ( spot gold price). Spot gold 65 weekly moving average currently around 786$.Resistance zones for GCQ8
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