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GOLD forms 20 Day Moving Average Resistance on June 25
GOLD finished higher by 0.29% on Thursday, June 25th, trading 0.4 times its typical volume. consolidation patterns formed: NR7 and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 40.96, 40.48 & 40.08, with resistance at 41.84, 42.24 & 42.72.
Current SwingTradeBot Technical Rating of GOLD: C
Today’s move could mean more—check all the signals for GOLD on SwingTradeBot.
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