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Gold Price Forecast – Gold Markets Continue to Consolidate
video Gold markets have gone back and forth during the trading session on Friday, as we continue to dance around the 50-Day EMA. Alternatively, this is a market that I think continues to see a lot of noisy behavior, and this makes quite a bit of sense as there are a lot of concerns as to where we are going forward. The $2000 level above obviously offers a significant psychological barrier, but if we were to break above there, then it could open up the possibility of a move to the $2050 level. On the other hand, the market sees quite a bit of support underneath near the $1950 level, which is a large, round, ... (full story)