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Gold: Anticipating Bold Moves

From dailyforex.com

A strong US dollar stopped gold from correcting higher and breaking the $1863 resistance level during yesterday's trading session, instead stabilizing around the $1844 level. The price of the yellow metal was boosted by concerns about growth amid the continued rise in coronavirus cases. Silver futures closed at $25.57 an ounce, while copper futures settled at $3.6170 a pound. Besides absorbing the inflation data, investors have been closely following developments on the political front. The Democrat-controlled House of Representatives has voted to impeach President Donald Trump, claiming that he sparked the violent ... (full story)

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  • Category: Fundamental Analysis