Gold futures price analysis – Big support levels are near to the current price

Beyond that point, the high volume node on the chart stands at $1778.9/oz, and the price held there for a long time before the subsequent move higher to the current distribution between $1814.7 and $1846.3/oz.

If the support level does hold then there could be some stickiness at the current distribution HVN and then the bulls could target the high on the chart of $1846/oz.

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