AnalysisCommoditiesTechnical Analysis Gold

Technical Analysis Gold

Gold prices have experienced a strong decline during recent trading sessions, reaching crucial levels. If prices continue to drop and break below the support levels at $1930 with a close below it, there will be a strong selling opportunity with targets reaching $1900 as the first objective. However, if the price remains above these levels, the likelihood is for an upward movement and an increase in value.

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