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The gold price shows further negative transactions to move away from the 1770.00 level, to keep the downtrend scenario valid and effective for today, supported by the negative pressure formed by the EMA50, while waiting to visit the level 1734.10 as the next target, reminding you of the importance of staying below 1800.00 to continue the expected downtrend.
Today’s expected trading range is between 1740.00 support and 1775.00 resistance
The general trend forecast for today: bearish
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