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Gold Is in a Sideways Move but Stuck Below ,950 High

Gold Is in a Sideways Move but Stuck Below $1,950 High

Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BearishGold (XAUUSD) is in a downtrend as it fell above $1,900 support but stuck below $1,950 high. Gold is fluctuating between $1,900 and $1,952 price levels. In other words, the Gold price is trading above the 50-day line SMA but […]

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Gold Consolidates Above ,907 as It Regains Bullish Momentum

Gold Consolidates Above $1,907 as It Regains Bullish Momentum

Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BearishGold (XAUUSD) has been consolidating above $1,907 as it regains bullish momentum. XAUUSD is trading above the 50-day line moving average but below the 21-day line moving average. The market will trend when the moving average lines are breached. For […]

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Gold Is in an Uptrend as It Targets the ,141 High

Gold Is in an Uptrend as It Targets the $2,141 High

Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BullishGold (XAUUSD) is in an uptrend as it targets the $2,141 high. The uptrend reached the high of $2,070 as it faced rejection. XAUUSD has retraced to level $1,976 and resumed consolidation above the current support. The market is resuming […]

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