Gold has perked up since the turn of the New Year and the shiny metal remains in a position to continue its shining performance.

Gold has paused upon the touch to the next upside target at 1129.6 – 1136.  On any move over this zone, the next higher resistance / target is at 1162.5 – 1179.4. 

There is nearby support established at 1092.5 – 1103.5 on any pullback and only a decline back below this zone would put the bullish bias on hold.

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