GOLD after breakout from crucial levels showed bearish movement and closed around 2300, sustaining below this level next support is seen around 2270.
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#GOLD after sharp #positive movements above 2400 not able to sustain on higher levels, now #immediate#resistance is seen near 2395 above which it will again show positive movements.
Strategy: Buy on dips
Trend: Bullish
Resistance 1: 2410
Support 1: 2350
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15 Minutes #Support 2344 Resistance 2373 Support and resistance strategy Fibonacci Retracement 50% Level: 2358 #SCALPING Buy from Support Sell from Resistance with small stop loss. Breakout of 2373 will provide #bullish momentum. And same breakdown of 2343
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Gold as a Forex Instrument: Gold is considered a popular trading instrument in the forex market, where it is traded against major currencies like the US dollar (XAU/USD)
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