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GOLD
Hello everyone
So, remember when we talked about gold last week? i told you that gold in order to go higher it should close 1D candle above 2022$ to reach 2057$. So it hit our target of $2057! Right now, it's still going up, but there's a weak zone around $2080-$2081 that could bring it back down to $2062. However, if it breaks through that zone, it could go up to $2100 and even $2140! As for when it might go down, if it closes a 4-hour candle below $2028, then its direction could turn downward.
Please note that this analysis is for informational purposes only, and I advise against risking your account based solely on it.
So, remember when we talked about gold last week? i told you that gold in order to go higher it should close 1D candle above 2022$ to reach 2057$. So it hit our target of $2057! Right now, it's still going up, but there's a weak zone around $2080-$2081 that could bring it back down to $2062. However, if it breaks through that zone, it could go up to $2100 and even $2140! As for when it might go down, if it closes a 4-hour candle below $2028, then its direction could turn downward.
Please note that this analysis is for informational purposes only, and I advise against risking your account based solely on it.
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