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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 24.5.2023

Technical Analysis
Wednesday, May 24, 2023 - 13:00
Point Trader Group
GOLD 24.5.2023

General trend: conditional decline.

Expected scenario:

Check yesterday's target. The pair is approaching the 1983 level, which may push it down to 1970-1960.

Alternative scenario:

Closing above 1983 may push the pair to rise to 1993-2000.

The most important levels

resistance:

1983 - 1993

support:

1970 - 1960

*Risk Disclaimer: 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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