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25.10.202114:45 Forex Analysis & Reviews: Analysis of Gold for October 25,.2021 - After climax effect

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Technical analysis:

Gold has been trading in the tight upside channel after the big selling climax in the background.

Trading recommendation:

Due to strong selling climax in the background, there is still chance for the downside continuation.

Watch for the potential breakout of the rising channel to confirm further downside continuation.

Downside objective will be set at $1,784

Key resistance is set at $1,813

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