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Update: Gold price tests the support
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Update: Gold price tests the support
Jun 7, 2024 3:57 AM

Gold price faces negative pressure now to attack the key support line at 2340.10$, which urges caution from the upcoming trading, as continuing the decline and breaking this level will put the price under the correctional bearish pressure again, to pave the way to achieve negative targets that reach 2272.06$.

On the other hand, it is important to be cautious in the upcoming trading, due to the waited NFP and unemployment data from the US economy.

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