Gold Chart analysis

• Gold 4 hour chart shows price testing 100 Period SMA. Bullish candle at the current levels can lead to a reversal.
• As the second chart shows price is staying below crucial support lines. Gold bulls need to get back above these lines to avoid bigger correction.

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GOLD support levels

• Crucial support for Gold at the 100 Period SMA. Closing below this line may extend the weakness seen in this time frame.

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