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Spot Gold Struggles To Push Above $1,485.00

The Spot Gold market has had trouble pushing above $1,485.00 recently as we can see in the daily chart below. Last week, the market formed a bearish fakey setup showing rejection of that resistance near $1,485.00 and we can see the market has been hesitating to move higher / drifting lower ever since. If the market continues to weaken we could see a larger drop lower as there's not much key support coming in until down around $1,330.00.

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