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Gold breaks major demand zone level $1070 , this is short term trend reversal level and a decline till $1040 is possible .
- Overall trend reversal can happen only below $1040 level. Any break below $1040 will target $800.
- Short term resistance is around $1081 and break above targets $1088/1098.
- Short term trend reversal only above $1100.
It is good to sell on rallies around $1070-73 with SL around $1081 for the TP of $1042
