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Gold Price Forecast: XAU/USD rebound fades below $1,985 resistance as United States PMI loom

Also challenging the XAU/USD bulls is the $2,000 round figure and the 61.8% Fibonacci retracement of the May-June downturn, close to $2,010, a break of which will give control to the Gold buyers. On the contrary, the 21-DMA and 50-DMA, around $1,950-45 restrict short-term Gold Price downside. Read Full Story at source (may require registration) The post Gold Price Forecast: XAU/USD rebound fades below $1,985 resistance as United States PMI loom appeared first on ForexTV... Read More
Posted: Jul 31 2023, 23:14
Author Name: forextv
Views: 110731

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