Gold Price Remains Choppy Below $1,940 on a Lighter Day

<div><img width="717" height="482" src="https://www.forexcrunch.com/wp-content/uploads/2021/08/Screenshot_1-27.png" class="type:primaryImage wp-post-image" alt="Gold price analysis" decoding="async" style="margin-bottom: 15px;" srcset="https://www.forexcrunch.com/wp-content/uploads/2021/08/Screenshot_1-27.png 717w, https://www.forexcrunch.com/wp-content/uploads/2021/08/Screenshot_1-27-300×202.png 300w, https://www.forexcrunch.com/wp-content/uploads/2021/08/Screenshot_1-27-150×101.png 150w" sizes="(max-width: 717px) 100vw, 717px" /></div>
<p>XAU/USD is trapped between the 61.8% and 50% retracement levels. The fundamentals should move the rate during the week. Escaping from the current range should bring new opportunities. The gold price has dropped slightly in the last few hours and is now trading at $1,938. The US dollar has strengthened, which is likely to put…</p>
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