XAU/USD Tests Resistance

<p>Yesterday, the XAU/USD exchange rate declined to the 1,685.00 level. During Thursday morning, the rate was testing the resistance formed by the 55– and 100-hour SMAs near 1,697.00. If the given moving averages hold, it is likely that a reversal south could occur, and the price for gold could decline below the 1,685.00 level within [&#8230;]</p>
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