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Gold inches back towards $2,000 mark towards the end of the week

The yellow metal is down 0.7% today to around $2,002 at the moment, with the $2,000 mark now coming back into focus. That was where the Friday low held as buyers continue to try and look for further upside momentum - especially to try and get above the 2020 and 2022 highs around $2,070-75.While a break back under $2,000 would be a blow to buyers, there is still some semblance of support around $1,975-81 for now and that will be a key spot to eye in case sellers try to make a move.The drop in gol... Read More

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Gold

Inches

Back

Towards

000 Mark

Week

2 000

Forex

Posted: May 12 2023, 10:03

Author Name: forexlive

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