mleader1

quick gold long analysis

Long
EIGHTCAP:XAUUSD   Or / Dollar Américain
gold has been under pressure in the past few days by risk-off market mood. It has now reached to previous key area, with potential trend support by two previous lows.

If fails to hold above 1814, price may continue further down.

For now, I'd consider a potential rise possible - Retail news & CPI data will accelerate the metal to push further down or bounce back up.
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