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vahid_miro
Jun 7, 2021 6:39 AM

Gold Price Analysis 7-11 june  Short

GoldOANDA

Description

Gold (XAU/USD) struggles to overcome the day’s low of $1,884.58, down 0.26% intraday, heading into Monday’s European session. Gold traders fail to keep Friday’s recovery moves beyond the previous resistance line from early May as risk-off mood put a safe-haven bid under the US dollar, which in turn has a negative correlation with the gold prices.

Trade closed: stop reached

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