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GOLD BRIDGE is Falling Down, Falling Down

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Guld / USA-dollar (PEPPERSTONE:XAUUSD)  
ERUDITE_88 Uppdaterad   
PEPPERSTONE:XAUUSD   Guld / USA-dollar
Trend Analysis Fibonacci Trend Lines
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trendanalysis fibonacci trendline
Awaited $2020 support was broken last Friday. And according to our analysis the Yellow Bar slightly might be coming down to test $1975 level before goes up again.

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The Gold seems not closing below $2020 marked traders. Probably the tension developing at USA Texas border, the sentiment to move asset to safe haven (Gold) is highly viable. If the price close beyond $2035,we shall go for long till the next resistance. Otherwise, we remained short below $2020. Happy Trading.

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