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Posted on December 16, 2021 7:14 am by engrbytrade_tech

Gold: Decline to 1680

Stock chart courtesy of StockCharts.com.

Daily engrbytrade™ Gold calculations indicate gold is positioned for a decline as it moves through the descending triangle shown above.  This decline is expected to be similar to what occurred between June 4, 2021 and June 18, 2021 with a move down to 1680.

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