Gold Price Forecast: XAU/USD to drop further on a daily close below critical support at $1,961 Gold XAUUSD
candlestick
“In case the Gold price recovery is initiated, bulls will need to recapture the aforesaid trendline support at $1,961 on a sustained basis. The next upside target is seen at the $1,970 round figure. The falling trendline resistance at $1,993 will be a tough nut to crack for Gold optimists.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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