fxtrader66

Gold more downside if June lows broken

FX:XAUUSD   Gold Spot / U.S. Dollar
1
If gold can hold its June low and the 1/2 on a monthly close, would be a sign gold could head higher. A break of this level, gold could have a swift move down. See levels of S&R below june low where gold could find support.

$1030 to $980 zone looks like it would offer strong support

$870 to $820 support zone

$620 level of support

$470 level of support
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