Gold Breaks Resistance but Will it Hold?

<div><img width="750" height="430" src="https://assets.iorbex.com/blog/wp-content/uploads/2023/11/27130317/Gold-Breaks-Resistance.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="The yellow metal breaks resistance" decoding="async" srcset="https://assets.iorbex.com/blog/wp-content/uploads/2023/11/27130317/Gold-Breaks-Resistance.png 750w, https://assets.iorbex.com/blog/wp-content/uploads/2023/11/27130317/Gold-Breaks-Resistance-300×172.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></div>
<p>The yellow metal continues to hold above $2,000 on the back of a weakened dollar. As gold broke the previous resistance after a full recovery, can the instrument maintain its elevated stance? Timestamps XAUUSD 01:05 DXY 02:50</p>
<p>The post <a rel="nofollow" href="https://www.orbex.com/blog/en/2023/11/gold-breaks-resistance-but-will-it-hold">Gold Breaks Resistance but Will it Hold?</a> appeared first on <a rel="nofollow" href="https://www.orbex.com/blog/en">Orbex Forex Trading Blog</a>.</p>

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