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MargaretYang

Gold prices risk forming a "Double Top" pattern

CFDs on Gold (US$ / OZ) (TVC:GOLD)  
MargaretYang  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Gold
7
0
trendanalysis gold
Gold prices risk forming a “Double Top” pattern after failing to breach the 1,835 resistance
Immediate support levels can be found at 1,790 (neckline) and then 1,784 – the 61.8% Fibonacci retracement
The MACD indicator is flattening, pointing to weak upward momentum
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