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16.07.2021 02:15 PM
Analysis of Gold for July 16,.2021 - Potential for the upside continuation towards $1.833

Technical analysis:

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Gold has been trading downwards today but I see big support at the price of $1.817. Upside opportunities are still preferable...

Trading recommendation:

Watch for potential bulish opportunities due to the potential end of the downside correction (ABC) and the upside continuation.

Trend is bullish in last few days and upside expected.

Key support is set at $1.817

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