Precious Metal Gold.

I have marked the must hold support level with the precious metal on this weekly chart as shown, taking a short term view. Another close above it’s 10 period simple moving average on hand as of this writing which may suggest higher prices as long as the must hold support is respected. 

10 period moving average may be another indicator to track it’s uptrend.Current value of the moving average is $1587 US.

$1690 – $1700 US is the first resistance level to watch on the upside.

Weekly chart of precious metal is courtesy of tradingview.com

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