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Gold is approaching support, potential bounce

Por Tickmill
Corretora
Price is approaching our first support, in line with our horizontal pullback support, 50% fibonacci retracement and 100% fibonacci extension where we could see further upside above this level. Ichimoku cloud is showing signs of bullish pressure as well.

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Chart PatternsGoldgoldlonggoldshortHarmonic PatternsTrend Analysis
Tickmill
Corretora
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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