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GOLD - Will Fall To Touch The 2640

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Gold prices gained on Monday as investors awaited U.S. inflation data due this week for clues on the Federal Reserve’s next monetary policy moves.

Generally, the direction is consolidation

Uptrend Side: the price should break above the resistance of 2662 by closing the 4H candle to get the 2701.

Downtrend Side: the price from 2662 will fall to touch 2640, as long as trades below 2662.

Tendency Keys: 2662

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