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GOLD 25-10-2023.

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GOLD 25-10-2023.

Last week, prices surged at a strong pace, breaking through a resistance zone within the range of 1940 and nearing the 2000 level. It is anticipated that there will be selling pressure in these areas, potentially slowing down the upward momentum. We may see a retest of the 1950 level, but this scenario could be invalidated if prices breakthrough 1985 range  and sustained strength above it.

Support

1950 1940
Resistance 1985 2050

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