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Gold ST: key resistance at 1950.00.
2023-09-20
670
Pivot: 1950.00
Our preference: short positions below 1950.00 with targets at 1885.00 & 1865.00 in extension.
Alternative scenario: above 1950.00 look for further upside with 1985.00 & 2020.00 as targets.
Comment: as long as 1950.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2020.00 **
1985.00 ***
1950.00 ***
1931.06 Last
1885.00 ***
1865.00 ***
1835.00 ***
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
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