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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

Gold 15.11.2023

Technical Analysis
Wednesday, November 15, 2023 - 13:56
Point Trader Group
Gold 15.11.2023

General trend: down.
Expected scenario:
The pair is trading below a strong resistance level around 1974, which enhances the chances of a drop to 1950-1960.
Alternative scenario:
The scenario turns bullish with a break of 1974, targeting 1984.
The most important levels
resistance:
1974 - 1984
support:
1960 - 1950

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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