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Technical analysis:
Gold has been trading downwards in past 24 hours but is see very slow tempo and exhaustion, which is sign for the potential rally.
Trading recommendation:
Watch for potential buying opportunities due to the oversold condition and test of the strong support at the price of $1,1792.
Upside targets are set at the price of $1,810 and $1,825
Stochastic is showing oversold condition but no fresh bull cross...
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