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Gold back below $ 1800. What’s next?

Post Views: 266 The price of gold returned below the level of 1800 dollars and traded close to the low for the day at $ 1795.78. The price is currently trading at $ 1796. GOLD 1D chart Looking at the daily chart, the price traded between $ 1791.67 and $ 1818.02 during the last 7 trading days. In retracement, the price will reach at least $ 1750, where many investors will engage in trading. Investing in risky assets would further lead to a deeper price retracement in the area around $ 1700.

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 Junior Trader Daniel Dimitrov

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