XAUUSD Gains on Cooling U.S. Economy, Faces Technical Resistance.
The price of gold fell after testing the support level of the bullish channel it had previously broken. Gold prices briefly pushed down to $2325.90 per ounce, suggesting a possible return to a downward correction. For gold to continue falling to its next target of $2260.60 per ounce, it needs to drop below $2325.90 per ounce.
This morning : 2321.41
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