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Gold could target 1410 area

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Gold have a bullish divergence on the 4hr, this BLD faild at least for now creating point 3 on the 0,786 fib level , now price should start fall back into 1405/09 or deeper.

X9KBBM76

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Looking at the daily, I would not be inclined to jump in until there is another clear move just like the one at the beginning of June. I only trade on the daily charts and so there is nothing there for me right now.

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