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On April 16, we wrote why the $2,380 zone is an important resistance area. The XAU/USD chart shows that: 1) After fading fluctuations (they formed a narrowing consolidation triangle – shown in green), the price of gold dropped sharply (shown by a black arrow) on April 22-23. 2) Then, the price found support in the […]

The post Gold Price (XAU/USD) Is Testing an Important Resistance Zone appeared first on Action Forex.

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