Buy gold against this point - it will surely bounce 1-2%. I will in further in depth analysis this evening. Thanks, have a good day.
*Remember! Futures trading involves a substantial risk of loss and is not suitable for all investors.
*Remember! Futures trading involves a substantial risk of loss and is not suitable for all investors.
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Monthly support as well
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Gold closed at 1764. 1764 is 50% of the range made from the Mar2020 low of 1452 to Aug2020 high of 2076. This is a very important price point and gold printed a weekly close right on it. Something is cooking in the gold market...