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Gold Fundamental Forecast

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by , 05-15-2022 at 07:53 PM (401 Views)
      
   
Gold fell last week as traders moved out of risk assets, boosting the US Dollar to its strongest level since December 2002. The yellow metal faces a tough path if Greenback strength persists.

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Daily price broke Ichimoku cloud to below for the primary bearish reversal: the price is crossing 1,821 support level to below for the bearish trend to be continuing with 1,799 target to re-enter.

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