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Gold price edges higher in European trading on Monday, after Monday’s Doji candle signaled that pullback from new record high ($2483) might be running out of steam. Pullback was contained by solid supports at $2390 zone (daily Kijun-sen / 50% retracement of $2293/$2483 upleg), with oversold conditions on daily chart and indicators predominantly in bullish […]

The post Gold Outlook: Pullback from New Record High Runs Out of Steam Ahead of Key US Data appeared first on Action Forex.

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