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Gold Next target: 1903? Will gold really fall again?

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Hello everyone, The price of gold has been fluctuating quite rapidly, but it seems to be pushing past the 1935 and 1940 resistance levels.

This indicates a possible downtrend as bearish momentum takes hold. Be cautious if the 1928 and 1923 support levels are breached, as that could signal a downfall towards the 1916 and 1903 targets.

It's important to remember that the financial markets can change at a moment's notice. To mitigate risk, it's vital to take various factors into account and conduct a comprehensive analysis of the current market conditions before taking any trading decision.

If you found our analysis insightful and beneficial, please do not hesitate to like our post. Also, we would love to hear from you. Feel free to express your thoughts in the comment section.

Thank you for your support and we wish everyone the best in their trading journey.

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Waiting

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XAUUSD SELL Zone 1935-38

Take Profit : 1930
Take Profit : 1922

Stop Loss : 1946

Invest wisely - Your profit is our success! 🚀

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Let's Goo & Good Luck

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Add Layer 1943 & Hold it

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We Recommend SL Shift to 1953 & Hold it

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Layer Running 40+ pips