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Gold Analysis 

Source: FxPro Forex Broker (Review and Forex CashBack)

Pivot: 1180

Most Likely Scenario: Short positions below 1180 with targets @ 1169 & 1162.5 in extension.

Alternative scenario: Above 1180 look for further upside with 1185 & 1188 as targets.

Comment: As long as 1180 is resistance, look for choppy price action with a bearish bias.

Gold Chart

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