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The negative effect of the hourly harmonic pattern is in progress as we mentioned in our technical messages, and the metal is declining slightly. A breakout below 952.00 will activate the negative divergence over daily basis. Hence, we keep our outlook to the downside for the rest of the day.

The trading range for today is among the key support now at 922.00 and key resistance now at 984.00.

The general trend is to the upside as far as 820.00 remains intact with targets at 1035.00 and 1060.00.

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