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XAU/USD Price Analysis

XAU/USD Price Analysis

XAU/USD Price Analysis XAUUSD ( GOLD ) is showing strength and give resistance break out near $1970 . Today if it manages to hold above its yesterday high of $1978 then we can see next resistance of $2000/$2010.Meanwhile, in addition to inflation hedges, gold is continuing to benefit from heightened geopolitical risks and the Russian
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XAU/USD Technical overview

XAU/USD Technical Overview ( GOLD). Last week has given close with some positive note but not able to break up side resistance of $ 1950 Gold trade lower during the Asian session on Monday. though the downside remains cushioned. The Fed’s hawkish outlook, surging US bond yields underpinned the USD and acted as a headwind.
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XAUUSD Price Forecast

XAUUSD ( GOLD ) is looking weak on the chart . Last week it made a high of 1965 but not hold its upper and came down. Today it is showing negative biasness , gold remain risk-averse amid rising concerns over the covid resurgence in Asia, especially in China, underpinning the US dollar’s safe-haven appeal
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