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Gold Spot: Consolidation

Pivot (invalidation): 1820.00

Our preference Short positions below 1820.00 with targets at 1800.00 & 1791.00 in extension.

Alternative scenario Above 1820.00 look for further upside with 1833.00 & 1841.00 as targets.

Comment As Long as 1820.00 is resistance, look for choppy price action with a bearish bias.

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