Gold holds near $2,000 as markets digest alarming risks
shows that gold price is gyrating below powerful resistance at $1,989, which is the meeting point of the SMA5 one-day and the previous high four-hour.
The next upside target is seen at the $2,000 psychological level, above which a fresh advance towards $2,007 cannot be ruled out. That level is the confluence of the Bollinger Band four-hour Middle and the Fibonacci 38.2% one-day.
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