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Impending reversal from Gold?

COMEX:GC1!   Futuros de ouro
Gold retraces most of the bearish move but was unable to maintain above the 2045 level.

Price fell back to last week low where price found support at the 2007 region. Price looks to consolidate between 2007 and 2025.

A breakout of the 2007 support region can potentially push price more towards the downside, possibly towards 1985 support region.

Aviso legal

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