Gold futures have approached the $3500 per ounce resistance level over the past four weeks but have not yet broken through it. The yellow metal may continue trading within the $3200-3500 range for some time. It is worth noting that the long-term trend remains bullish as long as the $3100-3200 support zone holds.
Long-term trend: Up
Resistance level: 3500
Support level: 3100-3200
Long-term trend: Up
Resistance level: 3500
Support level: 3100-3200
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