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27.03.202015:34 Forex Analysis & Reviews: Analysis for Gold 03.27.2020 - Buying still favorrarble because of the breakout of the Mini pitchfork channel. Upward target is set a the price of $1.698

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Technical analysis:

Gold has been trading upwards as I expected. The price reached our yesterday's first target at $1.642 but I still see further upside continuation.

Watch for buying opportuntiies with the next upward target at the price of $1.698. The breakout of the mini Pitchfork down channel would be good entry signal.

MACD oscillator is showing positive reading above the zero and the slow line is flat.

Resitance levels are set at the price of $1.642 and $1.698.

Support levels and downward targets are set at the price of $1.612 and $1.590.

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