XAU/USD Consolidates Near 1,840.00

<p>Since Thursday, the XAU/USD exchange rate has been trading sideways near 1,840.00. It is likely that yellow metal could gain support from the 100– and 200-hour SMAs in the 1,813.00/1,827.00 range. Thus, some upside potential could prevail in the market, and the price for gold could target the Fibo 23.60% at 1,860.59. In the meantime, […]</p>
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