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Part 2: What Drives Gold (XAUUSD) Prices? Posted: 25 Jul 2021 06:03 AM PDT Previous Article: What’s Next: In XAUUSD, buying pressures are increasing. We may see 1812 – 1824 – 1836+ levels. Alternatively, gold is taking a reversal from the first key level, so its upside rally may be weak. But, day traders can play between my range. And stop buying when it breaks the first key level. That could drag down the gold price directly at the second key level (1783.6). And gold’s closing price below 1783.6 means blast. It may hit the strong support level directly. Please note, don’t forget to watch significant releases or events mentioned above in the chart that may affect the movement of gold, silver, and crude oil. Would you like to get our all forex (fx) updates instantly? We have an option for you. Do you want to get Premium Calls only? If you have any questions or concerns about Forex Market then contact by following ways: Have you any question/feedback about this article? Please leave your queries in the comment box for answers. The post Part 2: What Drives Gold (XAUUSD) Prices? appeared first on Moneymunch. |
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