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Gold 15 Descending triangle suggesting retest of 1670


Comex gold cmp 1623 it has broken down sloping trend line resistance of descending triangle, now suggesting target 1670-78 zones if manage to hold above 1635, a break below 1595 is unlikely , if manage to hold below 1595 then 1580-1502 will be next destination , usd index is looking weak technically some selling pressure may appear in streets if manage to hold below 78.75 that will be a supportive sign for gold bulls cmp 79
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