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Is gold heading back to $4,000?
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ticker lesson
Breakdown
0:00Gold· ticker
Gold — correction, bearish pattern, support levels
- Stronger August, weaker September
- Price decline last week worrying technically
- Correction down in July
- Nice run up in August
- Head and shoulders bearish reversal pattern
- Support level 3,900 to 4,000
- 75% odds level holds, 25% breaks lower
1:41Gold· ticker
Gold — potential downside, support levels
- Odd chance of slight drop below 3850 then bounce
- Support at 3,700
- Big support around 34 or 3500
- 1 out of 4 times this happens
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