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Gold's price movements suggest a bearish bias, with key support levels and potential targets indicating a possible continuation of the current downtrend. video 50-Day Moving Average is Key Lower Target: A key lower potential support level is around the 50-Day MA, currently at 2,251. It is close to converging with a Fibonacci confluence zone from 2,261 to ...
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Central banks may refrain from buying silver like they buy gold, but the industrial use of silver continues to benefit it. Meanwhile, there are other drivers of XAGUSD's growth. Let's discuss it and make a trading plan for XAGUSD. Precious metals tend to move in tandem. They rise together and fall together. Central banks do not buy as much silver as gold. ...