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XAU/USD Technical Analysis

XAU/USD Technical Analysis

On the daily chart below, we can see that after falling for basically the whole February, gold had a nice bounce at the start of March. The pullback brought the price back to the red long period moving average where the sellers started to pile in.

Gold is sensitive to real yields, and these have been rising lately as the market is pricing a more hawkish Fed given that the US dat... Read More

Posted: Mar 8 2023, 11:06
Author Name: forexlive
Views: 110814

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