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Gold has been trading inside of the intraday trading range, which is sign the indecision and I see potential for the breakout mode.
Due to the strong upside long term trend in the background and rejection of the support zone, I see potentila for the further growth.
Watch for the potential buying opportunities with the upside objectives at $1.917 and $1.945
Stochastic oscillator is showing fresh upside momentum from the oversold condition, which is strong sign that buyers are in control.
Key support is set at the price of $1.910
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Relevance up to 09:00 2023-02-04 UTC+1 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
