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2020-04-18 15:24

Technical indexGOLD PRICE CHART - XAU/USD 240MIN
Notes: A closer look at Gold price action sees XAU/USD trading within the confines of an ascending pitchfork formation extending off the March lows. A reversal off the upper parallel has price testing the weekly opening-range lows / median-line in early New York trade on Friday- look to the break for guidance with the broader advance at risk sub-1732 into the close of the week. A topside breach / close above the weekly highs needed to fuel the next leg higher in price with such a scenario eyeing subsequent resistance objectives at the 2012 high at 1795
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GOLD PRICE CHART - XAU/USD 240MIN
United States | 2020-04-18 15:24
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