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The yellow metal, up or down?

TVC:GOLD   CFDs on Gold (US$ / OZ)
Analyzing gold on 4hrs frame classically shows that a key trend has been broken then retested successfully. Right now Gold is testing a key level 1965, if broken successfully we see Gold testing the demand levels illustrated on the chart.

-On the upside, rebound from here and closing above 2010 takes us to 2040 continuing ABCD formation.

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