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Update: Gold price tests the first resistance
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Update: Gold price tests the first resistance
Jun 3, 2024 9:53 AM

Gold price trades positively to attempt to breach the first key resistance 2340.10$, and as we mentioned in our recent reports, the price needs to hold below this level and below 2360.0$ to keep the correctional bearish scenario active, as breaching these levels will lead the price to attempt to regain the main bullish trend again, which urges caution and monitoring the upcoming trades especially according to the mentioned levels.

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