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ADVERTISEMENTS

Gold’s Price Outlook: Is Today’s Price Action Enough to Turn Gold Around?

by Gold Editor
September 14, 2023
in XAU/USD Gold US Dollar
Reading Time: 1 min read

Gold fell to a new trend low today after falling below the lower uptrend line. It found support at a low of 1,901, just shy of the 78.6% Fibonacci retracement at 1,900. Close enough to considered to be complete. Price action responded in that way …
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Latest posts by Gold Editor (see all)
  • Gold Price Forecast: XAU/USD reconquers $2,000 as caution prevails - November 27, 2023
  • Gold Price Analysis: XAU/USD trimming some gains after rally above $2,015 - November 27, 2023
  • Gold price hits six-month high - November 27, 2023
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