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Gold ST: the downside prevails.
2023-09-28
564
Pivot: 1935.00
Our preference: short positions below 1935.00 with targets at 1865.00 & 1805.00 in extension.
Alternative scenario: above 1935.00 look for further upside with 1950.00 & 1985.00 as targets.
Comment: a break below 1865.00 would trigger a drop towards 1805.00.
Supports and resistances:
1985.00 **
1950.00 ***
1935.00 ***
1876.00 Last
1865.00 ***
1805.00 ***
1765.00 ***
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
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