Gold Price Forecast: XAU/USD bulls to take a breather before targeting $1,900

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Gold Price Forecast: XAU/USD bulls to take a breather before targeting $1,900
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Gold Price Forecast: XAU/USD bulls to take a breather before targeting $1,900 Gold XAUUSD Technical Analysis

A retreat toward the $1,865 support could be in the offing

“Recapturing the multi-month high at $1,880 is critical to targeting $1,900 once again. Daily closing above the latter is needed to extend the bullish reversal.”sellers take out support at $1,865, then a fresh drop toward the bullish 21-Simple Moving Average at $1,853 cannot be ruled out.”Information on these pages contains forward-looking statements that involve risks and uncertainties.

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