Gold - market update on daily chart

TVC:GOLD   CFDs on Gold (US$ / OZ)
Dear traders and followers,

welcome to the weekly DKIC Gold market update !

we have found two possible market moves on the daily chart.

The MACD indicator points to a further downward trend.
But this will only occur as soon as the market price closed below $1760 on daily chart and turns support into resistance.
This gives a great way to short to at least $1740.

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