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Tuesday, July 20, 2021

⚠️ Gold: will there be a consolidation above balance of week?

⚠️ Gold: will there be a consolidation above balance of week?

Gold OANDA:XAUUSD

The closest support for today is the balance of the day (1809.58).
📌 In case of price range test of the balance of the day and the limit buyer (1809.58-1800.70), we expect formation of buying pattern.
The nearest landmark for upward momentum continuation in the direction of the long-term trend is the limit seller (1827.72).
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