XAU/USD Analysis: Supported By Moving Averages

<p>Yesterday, the XAU/USD exchange rate re-tested the 1,760.00 level. During Friday morning, the rate was testing the support formed by the 55– and 100-hour SMAs near 1,775.00. If the given support holds, it is likely that some upside potential could occur, and the price for gold could target the psychological level at 1,790.00. On the [&#8230;]</p>
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