AnalizemtiaTechnical Analysis of Gold

Technical Analysis of Gold

Gold prices have clearly declined during recent trading sessions, and prices have approached the strong support level at $1935. If prices continue to fall and break below this level, with a close below it, there will be a strong selling opportunity with targets reaching $1900 as the initial goal. However, if the price remains above this level, the likelihood is for an upward movement and an increase in price.

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