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Gold Spot: Supported By A Rising Trend Line

Pivot (invalidation): 1866.00

Our preference Long positions above 1866.00 with targets at 1880.00 & 1885.00 in extension.

Alternative scenario Below 1866.00 look for further downside with 1862.00 & 1858.00 as targets.

Comment The RSI calls for a new upleg.

 

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