Thursday, October 15, 2026

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Gold faces strong resistance around $1169, jump above target $1187

Gold is facing strong trend line resistance around $1170 (Aug 24th high) and any break above will take the pair to next level $1187. On the downside minor support is around $1149 and any break below targets $1141/$1135. …

By Lis Howell
1 min read
Gold faces strong resistance around $1169, jump above target $1187
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Gold is facing strong trend line resistance around $1170 (Aug 24th high) and any break above will take the pair to next level $1187.

  • On the downside minor support is around $1149 and any break below targets $1141/$1135.
     
  • Short term weakness only below $1128 level.

It is good to buy at dips $1150-53 with SL around $1140 for the TP of $1169/$1185.

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