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Gold analysis for 03.11

Gold price resumed its negative trading to drop below the 1785.00 level and pave the way to continue the decline on the intraday term. The way is open to head towards our first awaited negative target at 1770.00, reminding you that breaking this level will push the price to 1735.00 …

Gold analysis for 02.11

Gold price provided additional positive trades to test the pivotal resistance 1797.00, and it starts showing bearish rebound signals now, as it maintains its stability below the broken support of the bullish intraday channel that appears on the chart. Meanwhile, the stochastic indicator shows clear negative signs that are likely …

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