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FXAutomate
Jan 10, 2021 10:58 AM

Where to next for Gold 

GOLD (US$/OZ)TVC

Description

After an initial break from long term diagonal resistance gold was aggressively sold-off back to the Daily 200 SMA around 1830. Proper support does still lie slightly lower @ 1810 meaning the sell-off might still see another leg down, In the event of a pullback, resistance @ 1880 will likely be the key level. The breakout target remains around major resistance @ 2075
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