A sustained move under $1832.20 will indicate the presence of sellers. The first downside target is $1819.00, followed closely by $1812.00.

The 50% level at $1812.00 is a potential trigger point for an acceleration to the downside with the nearest targets $1788.50, $1782.50 and $1780.60.

billionaireChart PatternsGannGoldTrend Analysis

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