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GOLD Fell Below 200 Day Moving Average on July 23
GOLD closed down 1.79% on Thursday, July 23rd, with volume running 0.6× below average. Multiple bearish signals emerged — Fell Below 200 DMA and Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 38.91, 38.34 & 37.59, with resistance at 40.23, 40.98 & 41.55.
Current SwingTradeBot Technical Rating of GOLD: C
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