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Gold Analysis: Potential Price Rise Ahead

From tickmill.com

{chart} Currently, the price of gold is repeatedly testing the supporting zone formed between levels 22.00 and 22.30 and located next to the uptrend. The asset’s price might potentially rebound and rise. However, it would be wise to follow the candlestick formations to forecast possible price movements. {chart} The price of the currency pair EUR/USD is heading down, targeting the supporting zone formed between levels 1.0640 and 1.0670. The asset is likely to rebound and hit the level of 1.1000 next. Time will tell whether this scenario might work out. {chart} The price of Apple stocks rebounded from the supporting ... (full story)

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  • Category: Technical Analysis