Pivot: 1322.00
Our preference: SHORT positions below 1322 with 1305 & 1297 in sight.
Alternative scenario: The upside breakout of 1322 will open the way to 1334 & 1343.
Comment: Gold prices are capped by a declining trend line and the 50 moving average. A break below 1305 would have strong bearish implications.
Stokcs, Metals, Energy, Forex, Crypto
USDCHF Technical Analysis - Sell at 0.9955
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