Gold Technical Analysis
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Gold achieved our suggested positive target towards 1985 after positive stability above the 1960 level, as we mentioned in the previous analysis.
It is expected that if the price stabilizes above the levels of 1976-1980, it will move towards a possible test of the levels of 1992 and then 2008 again.
However, if the 1976 level is broken, it will decline towards 1960, then 1944, followed by the 1933 level before any new opportunity to rise appears.