is gold gonna surge or drop? seems something big i

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International gold price fluctuated violently yesterday, price once approached 1317USD/oz. then declined to about 1310 in the morning. After tested the 1320 resistance line and failed, gold price started arranging. Today’s Asian early trading, gold arranging narrowly, currently closed at about 1311USD/oz.
U.S. July export and import price index released yesterday night are diverged, initial jobless claims data is also rise a little. these boost gold to enjoyed a certain level of boost, some profit taking after the boost caused the price to drop from a high point. Currently gold daily chart rebounded to about 1319 and encountered resistance and went downside, MACD main and signal went smooth support 1310 to explore the upside space.

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