GOLD ;TECHNICAL
FORECAST:BULLISH


( XAU/USD ) continues to face rejection at higher levels, as the US dollar attempts a tepid bounce from multi-week lows amid covid vaccine and China concerns-led risk-aversion. Also, investors could resort to profit-taking on their dollar trades after the recent sell-off and ahead of the critical US Jobless Claims and Retail Sales data.

Gold fell on Wednesday amid a steady recovery in the US Treasury yields across the curve. However, the metal remained in a familiar range, with a breakout awaited on the US data release.









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Trade closed: target reached
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Comments

thanks mate keep it up👍🏻
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ONE_GOVERNMENTFX debdoubiabdellah4
@debdoubiabdellah4, thank yu very much bro
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bro ur great
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@shabirudin, thank you bro
Reply
Any chance for a pullback to enter long?
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ONE_GOVERNMENTFX MohammedAli1997
@MohammedAli1997, sorry mate just seen this
Reply
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