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Gold ( the bulls are not strong enough to enter the channel)

as we see from the four hour chart , the price could not break the fibo 0 level (1982) and may move down to its first target (1970)
if it can break the 1970 it would move down to 19850 . till the price is under the 1982 the bears are stronger than the bulls .
goldtradingTrend Analysis

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