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GOLD: main trend remains bullish

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The main trend remains bullish. There're bullish patterns such an 'Inverted Hammer' and a "Hammer', which both have been confirmed. Also, the lower 'Window' has acted as support once again. Thus, the market is likely going to reach the upper 'Window' (1330.24) in the next couple of days. The subsequent pullback from this level could lead to a downward correction towards the Moving Average lines.

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FBS Analyst Team

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