XAU/USD Might Decline

<p>Since Thursday, the XAU/USD exchange rate has been trading sideways in the 1,830/1,850.00 range. Given that yellow metal is pressured by the 55-, 100– and 200-hour SMAs in the 1,836.00/1,850.00 range, it is likely that some downside potential could prevail in the market. In the meantime, it is unlikely that bulls could prevail in the [&#8230;]</p>
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