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TECHNICAL ANALYSIS OF GLOBAL FINANCIAL MARKETS STRATEGIC OVERVIEW OF MACRO ECONOMY & GEOPOLITICS

Gold is at major resistance!

Gold (XAUUSD, $1,860) is trading just under the key resistance line - the upper band of the 5-month flag shape formation in red color.  Looks like gold will continue range trading under the key resistance with support at $1,815 - 1,825 level over the coming days. Break above the upper band can take gold to $1,900 very quickly. This post is not an investment advice.

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