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Gold Hits Long-Term Resistance
Gold Spot / U.S. Dollar
Short
Gold Hits Long-Term Resistance
By markrivest
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Jul 21
3
Jul 21
Last week Gold hit the long – term rising trendline from the peak made in 2022.
Additionally weekly RSI had a double bearish divergence.
These two factors suggest a near-term decline for Gold.
Technical Indicators
Trend Analysis
markrivest
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