Gold price: only up

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As we expected in our previous forecast, gold price continued the decrease and broke out almost all support levels.

It’s time for a correction both technically and fundamentally, therefore minimum half of the downward candlestick of the 28th of March must be restored. We expect gold price to increase up to $1300.

Gold price chart
Gold price chart

There could be some sales, but only short-term and intraday.

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