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Gold (XAU/USD) Technical: Bullish Acceleration Supported Rising Implied Volatility
The price actions of Gold (XAU/USD) have staged the expected bullish move, rallied by 2.3% and hit the US$3,435 resistance as highlighted in our earlier publication last Friday, 29 August.The price actions of Gold (XAU/USD) have staged the expected bullish move, rallied by 2.3% and hit the US$3,435 resistance as highlighted in our earlier publication last Friday, 29 August. For a quick recap, the US$3,435 is considered a significant range resistance on Gold (XAU/USD) as this level has managed to stall prior rallies since its current all-time high of US$3,500 printed on 22 April 2025 and caused Gold (XAU/USD) to ... (full story)
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