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Update: gold price under the negative pressure

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Update: gold price under the negative pressure
 

Gold price trades with clear negativity to head towards potential test to 1852.80 level, making the bearish bias suggested in the upcoming sessions, and we still waiting to confirm breaking the mentioned support or breaching 1875.00 resistance to detect the next destination clearly, noting that the details of the expected targets after the breach are explained in our previous report.

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