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AUY buyers make a strong statement

Since 2017, AUY sellers have firmly capped it below 3.70 as we can see on each of the two occasions it came near to the 3.70 level, we see a swift downturn. However, this year we observe that buyers have been stepping up aggressively with AUY holding up below the multi year 3.70 resistance. With AUY, staging a multi year gap above the 3.70 resistance last trading session, I hypothesize that there is further upside for AUY.
Chart PatternsGoldpriceactionTrend Analysis

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