Gold Price Forecast: XAU/USD to bounce higher as Ukraine crisis fuels growth concerns Gold XAUUSD
Gold bulls have managed to defend the rising trendline
“XAU/USD has been forming higher lows, invariably defending the month-long rising trendline support at $1,895. If the bearish pressures intensify and sellers yield a daily closing below the latter, then a fresh downswing will come into force, opening floors towards Thursday’s low of $1,878.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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