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GOLD - Support zone
CFDs on Gold (US$ / OZ)
GOLD - Support zone
By Trader-Dan
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Updated
Sep 29, 2023
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Sep 13, 2023
Gold is back at the 200dma which has now flattened out . A loss of this level could see price back at $18.80.
Alternatively, bulls need to hold the level and break $1943 for further upside.
September seasonally a good month for Gold whilst October being one of the worst.
Sep 29, 2023
Note
Gold now reached next downside level at $1864 after failing to break $1943
Supply and Demand
Support and Resistance
Trader-Dan
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