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KQMarkets
Sep 3, 2019 9:43 AM

Gold - Long - Key Resistance Level Long

GOLD (US$/OZ)TVC

Description

We currently see Gold moving higher on the back of geopolitical tensions due to the ongoing US and China trade war as well the uncertainty surrounding Brexit. However, we would want Gold to consolidate at the $1533 resistance level and gain upward momentum otherwise prices could start falling towards $1500.
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