Gold Price Forecast: XAU/USD eyes yearly closing above $1,825 to confirm an ascending triangle Gold XAUUSD Technical Analysis
Bulls remain on track to recapture the critical $1,825 resistance
“Immediate support is seen at Thursday’s low of $1,804. A breach of the latter could put Tuesday’s low at $1,800 under threat. The next critical support awaits at $1,797, which is the confluence of the rising trendline and the bullish 21-Daily Moving Average . That demand area will be a tough nut to crack for Gold sellers.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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