Gold is Ready to fly
On the downside, the XAU/USD pair may find its immediate support around the nine- and 14-day EMAs at $2,624.00 and $2,628.00, respectively. A break below these levels could increase selling pressure, potentially pushing Gold toward its monthly low of $2,583.39.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.