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Gold Futures (GC): Prices Pull Back on Weak Demand for Gold

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COMEX:GC1!   Gold Futures
The main trend is down. After a weak closing on Thursday, expecting further pull back on Friday. If prices bounce off of $1682 level, then the market may trade within a range from $1682 bottom to $1737 top. If $1682 is broken, the next downside targets are Fib levels at $1660 (0.618) and $1620 (0.5). RSI indicator is pointing toward lower prices.

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many thanks
any idea why some ppl prefer to trade GC futures gold when the can trade XAUUSD spot gold without getting worried about futures contract expiry ??
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mansi0308 roseandsong
. it is friday 5 june today now spot gold price is 1712 usd, today it should make low 1690 , 1667 usd because it has made out side candel in weekly chart.
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