Gold fails to break the 1729-1731

Gold went to 1738 during London trading session by breaking the 1729-1731. However, gold dropped from 1738 to 1728 and then it was sold off heavily from 1728 to 1720 in 5 minutes.

Gold have failed to break the 1729-1731 and it seems that gold short term up trend is making a reversal.

Gold is expected to drop to 1718 or 1705-1708 after the false break-out of 11729-1731

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