XAU/USD Supported By 55-Hour SMA

<p>On Tuesday, the XAU/USD failed to surpass the 1,670.00 level. During today’s morning, the rate was trading at the 1,650.00 level. Given that yellow metal is supported by the 55-hour SMA near 1,650.00, it is likely that some upside potential could prevail in the market. In this case the exchange rate could surpass the 1,670.00 […]</p>
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