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Technical analysis: Gold traders' failure at $2,200 exposed the $2,180 mark

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The XAU/USD price has fallen below the $2,200 mark and sits below the previous all-time high of $2,195 as sellers moved in. However, to further extend the yellow metal losses, they must drag prices toward the December 4 high, which turned support at $2,146, before challenging the $2.100 figure.

On the flip side, if buyers push prices toward $2,200, that will expose the current all-time high at $2,223 before aiming toward $2,250


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