Gold price remains under some selling pressure for the second successive day on Tuesday and drops to a fresh daily low, around the 1,931 area during the Asian session. The XAU/USD, however, manages to hold above a three-and-half-week low touched last Friday.
Gold is predicted to stay in a falling wedge
Support zone: 1928, 1922, 1912
Gold is predicted to stay in a falling wedge
Support zone: 1928, 1922, 1912
Trade active:
Gold is still waiting for the momentum to move and break the support resistance areas
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