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Hotsprit
Apr 9, 2022 4:04 PM

Gold may turn lower to retest 1890! Short

Gold / U.S. DollarFOREX.com

Description

Gold is in ABC correction mode and reaching fib 0.618 retracement and strong horizontal resistance zone of 1950.
Dollar is getting stronger and put more pressure on gold.
It is possible that gold price drops to 1890 zone again to retest the support line.
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