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Gold continues to stay pressured near $1,900

This continues from the conversation last week here, with the technicals not much changed. Gold prices are down another 0.3% today to $1,912 levels at the moment as the dollar is keeping slightly firmer on the session. The near-term chart though is the interesting bit to start the new week, as it confirms sellers' bias at the moment:The hold of the 200-hour moving average (blue line) speaks to the resolve being held by sellers as they are not giving up the near-term momentum just yet. But at the... Read More

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Content Topics

Gold

Continues

Stay

Pressured

Near

900 1 900

Forex

Posted: Jul 3 2023, 09:54

Author Name: forexlive

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