


MisterHindia
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trendanalysis
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Gold is expected to continue its major downtrend in April, secondary monthly trend is expected to move upward until it hit its Resistance and bounce down. Upward movement might be limited to Resistance area at the range between 1784.79-1818.12, while downward movement might be limited to Support area at the range between 1676.91-1658.10.
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In April, gold is expected to move upward until near 1780-1800 resistance and continue to go down toward 1670-1650 area.
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