See also
03.08.2021 03:34 PMGold price is trading around $1,800-$1,810. Short-term trend is neutral as price mostly moves sideways between $1,830 and $1,790.
Blue line - resistance
Gold price is trading around $1,811. Gold price is in the middle between key resistance and key support. A break below $1,790 will open the way for a deeper pull back towards $1,760-50. If resistance at $1,830 is broken then Gold will move towards $1,880. I believe the bullish scenario is the most probable one.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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