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GOLD remains vulnerable for further downside – GOLD Market Outlook – 23/09/2020

SquaredFinancial

Gold is making its way to a third consecutive close in the red after hitting our short support target in yesterday’s session as the greenback strengthened to almost a two months high on the back of Fed Evans remarks, as we look for an hourly close below 1880 to open the door to further downside with 1860 as the next support target.

Support: 1880/ 1860
Resistance: 1900/ 1920

SquaredFinancial Daily Market Outlook


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Source: https://www.squaredfinancial.com/learn/daily-market-outlook/gold-remains-vulnerable-for-further-downside-gold-market-outlook-23-09-2020
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