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Gold trading opportunities June 28

 


Gold continues to trade above the support area 1760 with attempts to rise above 23.6% Fibonacci after quiet trading during the previous sessions. The rise of gold above 23.6% Fibonacci 1873 will confirm the return to the bullish scenario and re-target 50% Fibonacci at 1831 as a first target, then 61.8% Fibonacci as a second target, provided it remains stable. Trading above 1760, below 1760 opens the door to more decline towards 1670



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