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Gold / USD Analysis – Sideways Movement

Gold / USD Analysis – Sideways Movement

Gold/USD is trading sideways today around the pivot point 4200. If the decline continues, the price may move toward 4169 and 4137. Alternatively, a bullish reversal could lift the price toward 4264 and 4283. Holding above 4200 strengthens the prospects of an upward move toward 4283.

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