Gold Price Forecast – Gold Markets Crash Into Support

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Gold markets have initially tried to rally during the trading session after gapping lower, filled the gap, and then broke down significantly to reach towards $1750 level. The $1750 level is an area that has been important a couple of times in the past, so I think that if we break down below there, we would get a nice “lower low” that we can take advantage of. If we do break down there, then I think the market more than likely will go looking towards the $1680 level, which is where we had seen a lot of support previously, and I think at that point we would need to see a break down below that on the daily chart to really fall apart. At that point, the market then goes looking towards the $1500 level. Gold Price Predictions Video 24.09.21 On the other hand, if we turn around a break above the 200 day EMA, then it is likely that we go looking towards the $1835 level, an area that has been a significant resistance barrier previously, which breaking above there could open up a
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