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Technical Analysis



GOLD2022-06-29 05:47:33

Gold Intraday: key resistance at 1826.00.

29 June 2022, 08:00


Short positions below 1826.00 with targets at 1816.00 & 1810.00 in extension.
Pivot: 1826.00

Our preference: short positions below 1826.00 with targets at 1816.00 & 1810.00 in extension.

Alternative scenario: above 1826.00 look for further upside with 1830.00 & 1834.00 as targets.

Comment: as long as 1826.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:
1834.00
1830.00
1826.00
1821.33 Last
1816.00
1810.00
1805.00

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