#GoldSpreadWidening#
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Affected by the sudden decline in liquidity, the gold spread widened to several US dollars today. Several banks have stopped offering quote, including LMAX, Saxo Bank. FxPro sent a reminder email to its customers to increase spreads. How is your gold trading? Which broker has the largest spread? Share with us!
XAU/USD – Gold 1H Technical Analysis
Gold is trading near 5,194, consolidating below the 5,220–5,240 supply zone after a strong bullish leg. Market structure remains bullish with higher highs and higher lows, while short-term price action suggests compression before expansion. Key Levels: Support: 5,175 | 5,156 | 5,130 Resistance: 5,22
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