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FX.co ★ Technical analysis of gold

Technical analysis of gold

#GOLD:

Technical analysis of gold

The chart shows the movement of gold on the 4-hour (H4) chart.

The metal reached the support level of $1733.0, then reversed towards $1775.0. There is a high chance that it will continue to trade sideways next week, as shown in the chart above.

Good luck!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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