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Rule number 2.Don't ever-ever forget rule number 1.
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Gold below 1630 can turn in to hell
Ascending triangle during down trend suggesting that gold will try to resume its preceding trend after a failure below 1630 gold may fall till 1595-1502 zones, penetration above resistance line is unlikely , if manage to hold above 1680 then a rally up to 1720-33 can’t be ruled out.
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