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XAUUSD Hits Major Resistance
Gold stays muted as rising bond yields accompany the US dollar’s comeback. Momentum buying has pushed the precious metal near August’s high of 1803. The RSI’s multiple tops in the overbought zone and a bearish divergence indicate exhaustion and the rally may lose steam around the major supply zone. 1754 is the closest support and […] The post XAUUSD Hits Major Resistance appeared first on Action Forex...
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Posted: Nov 16 2022, 08:25
Author Name: actionforex
Views: 110265