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Gold 27.8.2024
General trend: down.
Expected scenario:
The pair is trading below a strong resistance level around $2530, which enhances the chances of a drop to $2489-$2470.
Alternative scenario:
The scenario turns to the upside after breaking $2531, with the pair targeting the $2550-$2560 level.
The most important levels
resistance:
2530 - 2550
support:
2489 - 2470
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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