Gold Price Forecast: XAU/USD needs to recapture $1,800 to extend the renewed upside Gold XAUUSD
Selling pressure will intensify on a sustained move below 21DMA at $1,777
“On the flip side, a breach of the 200DMA on a daily closing basis will reopen floors toward the bullish 21DMA at $1,777. Selling pressure will likely intensify on a sustained move below the critical short-term line of defense of 21DMA, fuelling a fresh downswing toward the $1,750 psychological level.”
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