Gummosis, in general, is a fungal disease characterized as a gummy substance that forms on certain plants, usually fruit trees. Peach trees in particular are the common target of gummosis disease. You can easily identify them in peach trees as spots on the bark. Treatment of this fungal disease is quite easy, as you need to basically get rid of diseased and dead wood, and also by proper pruning.

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Source: Gardening Know How