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Technical analysis:
Gold has been trading sideways at the price of $1.816 and there is potential for the rejection or the breakout. Trading recommendation: In case of the rejection of the key support at the price of $1.814, watch for buying opportunities with the upside objective at $1.832 In case of the downside breakout for the support at $1.814, watch for selling opportunities on the rallies with the downside objective at $1.804.
Read more: https://www.instaforex.eu/forex_analysis/282655