What was a key near-term support level before has now turned to a key near-term resistance for gold. In other words, sellers are now defending that level in trying to keep the shift in the downside bias from yesterday.
The daily and weekly charts are still not showing much let up in the upside run though. But every retracement begins with small steps, and it's important to take notice of this one in case it does begin to gather pace.
Hence then, the article about the technical lines in the sand have shifted in gold was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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