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Gold extends below pivotal Fibo support, pressured by rising risk appetite - Windsor Blog
Spot gold remains firmly in red as eased geopolitical and trade tensions revived demand for riskier assets. The metal’s price eventually made clear break below pivotal Fibo support at $1547 (38.2% of $1445/$1611) after being congested here in past three days. This generated bearish signal which would require confirmation on daily close below. Bears pressure …