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Technical analysis:
Gold is trading near important pivot resistance at the price of $1.960. Watch for the price action around this key pivot to confirm further direction.
Trading recommendation:
Buyers are in control for today but there is important pivot at the price of $1.957.
Watch for potential reversal pattern around key pivot at $1.957.
Selling opportunities are preferable with the downside objective at $1.930.
Support level is set at the price of $1.926
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