magneet

XAUUSD - Thursday EOD

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Up leg, it seems the move comes from bad US data, Unemployment and Inflation numbers. Confirming strength of 1937.5 once again, yet as of this moment, there is no new highs nor new lows, suggesting ranging price.
The weekly note remains, downward momentum seems to ease off a bit, leaving gold stuck exactly between 2k and 1.9k. Tomorrow is Friday and am looking forward to the developments.
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