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Technical analysis:
Gold has been trading downwards as I expected yesterday. Gold has reached thet first downside target at $1.826 and there is potential for test of the second target at $1.807.
Trading recommendation:
Watch for potential selling opportunities on the rallies with the downside targets at $1.807 and $1.800.
Stochastic is showing negative reading without extreme, which is good sign for downside continuation.
Key resistance is set at $1.843
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