Confrontation between India and Pakistan pushes for risk aversio

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Yesterday, the gold market opened at 3291.1 in the morning and then the market rose directly. The daily line reached a high of 3367.7 and then fell under pressure. The daily line finally closed at around 3345, and the daily line closed with a long upper shadow line. After this pattern ended, the short positions at 3496, 3468 and 3442 this week were reduced and the stop loss was followed up at 3400.
SELL: 3340 Stop loss: 58

TP1: 3330
TP2: 3320
TP3: 3305

BUY: 3300 Stop loss: 3295-92

TP1: 3320
TP2: 3335
TP3: 3360


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Reference data for the day:

UK March seasonally adjusted retail sales monthly rate

Canada February retail sales monthly rate

U.S. April University of Michigan Consumer Confidence Index final value

U.S. April one-year inflation rate forecast final value

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