GOLD - OUTLOOK
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SPx500 4H NEW FORECAST
The gold price is facing negative pressure to approach the test of the pivotal support of 2230, affected by the negativity of the Stochastic indicator, and the price needs to consolidate above this level to ensure the continuation of the main upward trend, as breaking it may force the price to make some bearish intraday correction before returning to the rise again, while A breakout of 2260 will make it easier for the price to rush towards our next positive target of 2300.
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