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Analysis of Gold for December 24,.2021 – Watch for price action around $1.815

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Technical
analysis:

Gold
has been trading sideways at the price of $1,808 but there is
important pivot point at $1,815.

Trading
recommendation:

If
you see thee aggressive breakout of the pivot at $1,815, watch for
potential buying opportunities on the pullbacks with potential target at $1,842

If
you see see rejection of the $1,815, watch for downside opportunities
on the rallies with the downside objective at $1,787

The material has been provided by InstaForex Company – www.instaforex.com

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