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Hello, Friends!

Bearish trend on GOLD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 2,414.972.

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We are seeing a good move already so we will keep the trade running!
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Bearish PatternsChart PatternsforecastForexGoldSELLshorttecnhicalanalysistradingTrend AnalysisWave Analysis

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