XAU/USD Exceeded 1,720.00

<p>Yesterday, the XAU/USD exchange rate raised to the 1,720.00 level. During Thursday morning, the rate surpassed the given level. It is likely that yellow metal could gain support from the 55-, 100– and 200-hour SMAs, as well the monthly R1 in the 1,693.00/1,704.29 area. Thus, gold could appreciate against the US Dollar in the short […]</p>
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