黃金現貨 / 美元
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Gold is facing bearish pressure, potential for further drop

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Price is facing bearish pressure from our first resistance, in line with our horizontal pullback resistance, 23.6 fibonacci retracement and 61.8% fibonacci extension where we could see a further drop below this level to our first support target. Ichimoku cloud and 20 EMA are showing signs of bearish pressure as well, in line with our bearish bias.

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