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Gold prices edged higher but were unable to push through resistance near the 50-day moving average at 1,307. Support on the yellow metal is seen near the 20-day moving average at 1,200.
Gold prices edged lower after testing resistance near the 10-day moving average at 1,894. Medium-term momentum is neutral and poised to turn positive as the MACD (moving average convergence ...
Gold prices edged higher on Wednesday but continue to trade sideways in a tight range. Market uncertainty which has led to a risk off trade buoyed the yellow metal, but this way offset by rising ...
Gold prices consolidated after surging higher on Thursday driven by demand to enter into a safe haven currency. Yields edge lower allow the dollar to ease paving the way for higher gold prices.
Jobs data fails to take gold prices lower
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Gold prices tumbled following a hotter than expected producer price index, as yields in the US moved higher. The dollar gained traction against the Euro which paved the way for lower gold prices.
Gold prices move higher on weaker jobs data. For premium support please call: 800-290-4726 more ways to reach us
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