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19.07.2021 02:07 PM
Analysis of Gold for July 19,.2021 - Extremed downside intraday condiiton and potentia lfor the rally towards $1.810

Technical analysis:

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Gold has been trading downwards at the price of $1,977 but I see extreme intraday condition and potential for the rally.

Trading recommendation:

Watch for buying opportunities due to extreme downside condition.

Upside targets are set at the price of $1,809 and $1,815.

Stochastic is showing extreme condition and bullish divergences, which is another sign for the rally...

Key support is set at $1,792

Summary
Urgency
Analytic
Petar Jacimovic
Start trade
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