Gold still struggling; test of $1044 likely

  • Gold is struggling to get back above $1100
  • Many commodities still under heavy pressure; precious metals no exception
  • Short-term techs suggest Gold oversold in short-term, but remains bearish overall, along with negative sentiment
  • Rallies should be sold, as the metal is likely to test $1044 soon
  • $1130 would provide an excellent level to sell into, if we reach this

gold

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