$1205.30 POG close - Looks like it’s bottomed:
by Ilya Spivak , Sr. Currency Strategist
GOLD TECHNICAL ANALYSIS
Gold prices retreated from resistance defining the down trend started in mid-June. Support begins at 1160.37, the August 16 low, with a daily close below that targeting the 38.2% Fibonacci expansion at 1127.93. Alternatively, a rebound and breach above support-turned-resistance at 1204.59 targets the 1236.66-40.86 area.
https://www.dailyfx.com/forex/funda...-Weaken-Further-on-Hawkish-Powell-Speech.html
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