Gold Spot / U.S. Dollar
Short

XAUUSD testing Resistance again; possibility of a drop

2 095
XAUUSD is going towards the Resistance area once again from where it could possibly drop.
If the resistance at 1592 area holds, Gold will probably drop towards 1575, 1560 and 1545 respectively.

What happens to Gold this week will once again depend on the market appetite for risks. So, keep an eye on the equity markets before executing your trades in Gold.

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