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Gold is still under bears pressure – Sell Opportunity

Hello. A retest back at the Daily Supply Zone and another rejection and Sell Opportunity for gold .

Analysis :
– The resistance zone @1300.000 – 1305.000 appeared to be a high pressuring area for sellers.
– Prices are likely to dip back at the support levels of the weekly and monthly chart ( 38.2% retracement of the Fibonacci levels).
– The mid-term target is around 1275.000.

Feel free to comment!

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