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Jerome-Leon

xauusd Global Trade Analysis

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Jerome-Leon Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Trend Lines Candlestick Analysis XAUUSD xauusdanalysis xauusdupdates
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trendanalysis trendline candlestick xauusd xauusdanalysis xauusdupdates
snapshot
Entering the European market on Monday, spot gold maintained its upward trend and is currently trading around $2,050, as escalating tensions in the Middle East triggered safe-haven demand and the market once again bet that the Federal Reserve will cut interest rates ahead of schedule.
Spot gold rose 0.3% to near $2,055 an ounce, with intraday fluctuations around $10. On Friday, it recorded its largest one-day rise since December 12.
From a technical perspective, spot gold may break through the resistance level of $2,060 and rise to the range of $2,071-2,079.
Comment:
active trade
Comment:
active trade
Comment:
active trade
Comment:
active trade
Comment:
active trade
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