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XAUUSD ( GOLD ) ANALYSIS 18 MAY 2022 WEDNESDAY

XAUUSD ( GOLD ) ANALYSIS 18 MAY 2022 WEDNESDAY

xauusd gold analysis 18 may

XAUUSD Analysis (GOLD).  Gold edged lower for the second successive day on Wednesday. It  not able to hold its strength above $ 1830. and came down towards its crucial support level of $ 1800. The XAUUSD Analysis gold remained on the defensive through. the early European session and was last seen trading around the $1,810 region. down over 0.50% for the day. If it sustain below $1800. then we can see then level of $1780 and $ 1750. On upward side it has facing resistance of $1830 above this mark. it can test next resistance level of $1850 and $1865.

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