After being in consolidation phase in early session, gold price finally declined on US session. That brought the price remains to be on the down side as the bullish has not confirmed yet on the bigger time frame. The price needs to get higher and stable above 1668 (50% Fibonacci) and MACD has to be crossed the zero line to get back on the upside and continues the up movement, otherwise it will be testing the yesterday Low or even lower.
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