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GOLD: confirmed 'Dark Cloud' pattern

GOLD: confirmed 'Dark Cloud' pattern

Information is not investment advice

There's a 'Dark Cloud' pattern, which has been confirmed, so the price is declining. It's likely that the market is going to reach the closest support at 1262.05. This level could be a starting point for a local upward correction towards the previously tested 'Window' (1281.18). At the same time, if we have a pullback from this level, bears will probably try to achieve the next support at 1240.71.



British Pound Gains Momentum

European shares slipped on Tuesday as investors awaited the first U.S. presidential debate and eyed progress of a fiscal stimulus package in Washington


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