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Emas / Dollar A.S.
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Gold is facing bullish pressure, potential for further upside

Oleh Tickmill
Broker

Price is approaching our first support, in line with our 23.6% Fibonacci retracement and 100% Fibonacci extension. We could see a potential bounce and further rise up to our first resistance at 1962.84. It is worth noting that the price is still holding above the Ichimoku cloud in line with our bullish bias.

Chart PatternsGoldgoldlonggoldshortHarmonic PatternsTrend Analysis
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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