Hind_Hamid

GOLD technical analysis

OANDA:XAUUSD   Gold Spot / U.S. Dollar
The Gold is pretty much still under pressure and more bearish as long as the price is underneath the 50 EMA at 1290.30, however, in the meantime the market may detect kind of choppiness in the next hours as it concentrates near to the 200 EMA that holds a good amount of a support.
a break below 1267.60 might open up the floor to 1255 handles.

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