Gold Technical Analysis: Gold Price is Still the Strongest

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Gold Technical Analysis: Gold Price is Still the Strongest
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Gold Price is Still the Strongest

SubscribeWe commit to never sharing or selling your personal informationGains reached the level of $2009 an ounce, before prices settled around the $1970 level at the time of writing the analysis.

In general, the metals market rose during the banking crisis, as investors tried to seek shelter during the financial chaos XAU/USD is usually sensitive to interest rate fluctuations because it affects the opportunity cost of holding non-yielding bullion. Meanwhile, the dollar's weakness supported gold prices.

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