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Gold Technical Analysis: Can it hold?

From dailyforex.com

With the markets returning to the full nature of their work after a prolonged US holiday for the Thanksgiving, and investors avoided trading, gold investors are questioning the success of it holding in the face of the USD strength and the return of investors' risk appetite amid optimism of resolving the trade dispute between the United States and China. At the end of last week's trading, gold tried to rise, but gains did not exceed $1466 an ounce before settling around $1459 dollars an ounce at the time of writing. The yellow metal is still under downward pressure. It will not have a chance to vigorously correct ... (full story)

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  • Category: Technical Analysis