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SWFguy
Jul 17, 2021 3:21 AM

GOLD Long

GOLD (US$/OZ)TVC

Description

June was a brutal month for Golf bugs. The Inflation news along with political developments stopped the rally of April -May, which resulted in Gold posting again of 14% in 2 months.

Trend is bullish for Gold, however 2-3% slide cannot be ruled out from 1810 levels. 200DMA resistance at 1825, is important to be monitored before any fresh long buying.
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