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Technical Analysis "Gold"


Gold still moving between Summit 1616 psychological support level 1556
Top closures of 1600 gives an opportunity for him to correct the top and test new highs of up to 1625 and then to 1640, which gives strength to rush to top has given opportunities for bullish wave after falling out of range a great FPS corrective term

A bearish scenario alternative: the stability of gold below 1588 would lead to falling strongly and is now floating around the support level at 1570 and the nearest support levels currently has 1560 and then to 1550