Technical Outlook: What is Gold waiting for?

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Our commodity spotlight this week shines on Gold which seems to be waiting for a fresh directional catalyst.

Since mid-August, it has felt like the same old story for the precious metal as conflicting themes left prices choppy and confined within a wide range. It is safe to say that prices are likely remain rangebound until there is a decisive breakout above the $1985 resistance or crucial $1845 support level.

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