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8/24/2020 10:25:18 AM

Gold - Technical Analysis: Monday, 24/08/2020 14:25 GMT



Gold price consolidates around 50% Fibonacci correction level, to form positive factor that supports the chances of continuing the main bullish trend.

Surpassing the exponential moving averages 50 and 100 will support the chances of rallying to achieve new positive targets and historical levels that surpass 2100.00.


Target
Risk


Support
Resistance


Trend Bullish

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