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Gold technical analysis

4 Mar 2020 02:58 PM

Gold fell sharply last session and broke the support of 1624 and fell to 1563 levels. Our current expectations for gold if it maintains the uptrend line and did not break the 1560 levels if it takes a tilted cross move upwards and we expect it to rise again to 1620-1660 levels.

The support levels at 1560, which are broken, target the strongest support level at $ 1545.

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