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Technical analysis:
Gold has been trading upwards as I expected. The Gold reached our main objective at $1,820. Anyway, I found that there is the breakout of the rising trend line, which is sign for the potential downside movement.
Trading recommendation:
Watch for potential selling opportunities with the downward targets at $1,797 and $1,790
Main resistance is set at $1,815-$1,820
Stochastic oscillator is in overbought zone, which is another confirmation for the further downside movement....
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