Gold resistance at 2922

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Gold is fighting with the 4H resistance at 2922, which also marks the neckline of its head and shoulder pattern. Best entry will be for it to close above 2522, retest that level again. That will open the doors for the 2525/26 area and possibly higher for today. Conversely, if gold starts breaking below the 2,890 level then it should open door for more downside.

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