Gold’s accelerates down, 1700 vulnerable

Gold’s decline from 1807.66 extends further today, on the back on broad based strength in Dollar. The downside accelerations argue that rebound from 1680.83 has completed at 1806.66 already. Deeper fall is likely through 1700 handle. Nevertheless, strong support is still mildly in favor at around 1680.83 low to contain downside. Above 1772.19 minor resistance […]

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