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

Long awaited sell-off arrived!

Gold (XAUUSD, $1,866) finally sold off finding support at the lower band of the channel formation. Gold is likely to snap back towards $1,885 - 1,895 level, however, I believe one more leg down to $1,845 - 1,850 level may happen!

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