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Gold - Weekly

By Minipip
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Gold - Weekly - Resistance has broken. Support is below. Upside move towards $2000 seems possible.

Technicals

Geopolitical tensions have caused the price of gold to move higher, aiming for the high of $2084. Interest rates are also looking more likely to rise in the USA, so this will have a short term negative effect on gold, but the medium-term picture still looks good provided support does hold at $1,800.

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