Intermediate uptrend for gold with resistance at $1,300

Gold spot price 3-year weekly chart
Gold Spot Price 3-Year Weekly Chart showing the intermediate and near-term uptrend.

Gold Spot Price 3-Year Weekly Chart

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Gold long-term weekly chart 2004-2016
Gold Spot Price Long-Term Weekly Chart showing the major downtrend.

Gold Spot Price Long-Term Weekly Chart

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“Technical Analysis is about probabilities.”

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