Gold Price Attempts to Break Above $1,230

London (Oct 19)  Gold prices are still trading in the same range and still attempt to break above the $1,230 level with little success.

The momentum is declining and the precious metal is facing a lot of resistance in this area, so a move to the downside is most probable to happen and the level we will be focusing on is the $1,214.5 support area.

Support: 1180.6 1177.69

Resistance: 1184.86 1188.8

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