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Technical Support and Resistance
Technical analysts are watching the $5,000 level closely; it has shifted from a "floor" (support) to a "ceiling" (resistance).
Resistance: $5,000 – $5,100
Support: $4,800 – $4,915
If gold cannot settle back above $5,000 today, some traders are forecasting a further slide toward the $4,800 mark.$XAUT #GateSquare$50KRedPacketGiveaway