Gold Sell Analysis Target 3100

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Gold is still bearish but this pump that we have witnessed now was a correction and retracement. Market drop was rapid that is why a temporary pull up was necessary to maintain the the stability in the market.

As we know all fundamental events are in favor of a strong bearish trend. and market is also technically bearish as it is forming lower lows every single day so that would be easy for market to pump.

Targets are 3175, 3150, 3100
Entries are 3200, 3210

Penafian

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