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Gold Technical Analysis - We are at a key resistance

Despite the surging Treasury yields and a stable US Dollar, Gold continues to set new highs as the focus remains on the Middle East. In fact, if we just track the most important developments in the Middle East, we can see how Gold first gapped higher following the Hamas attack against Israel back on October the 7th. We then had another big rally into the following weekend as Israel was reportedly ready to start a ground operation in Gaza. The waters calmed down on Monday as the expectations arou... Read More

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Content Topics

Gold

Technical

Analysis

Resistance

Forex

Posted: Oct 20 2023, 07:12

Author Name: forexlive

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