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XAU/USD Pulls Back

Started by PocketOption, Oct 10, 2022, 01:32 pm

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PocketOption

XAU/USD Pulls Back

Gold slipped after the US dollar regained strength over upbeat nonfarm payrolls. The precious metal came under pressure near September's high at 1730. As the RSI showed exhaustion, a combination of short-term profit-taking and fresh selling has kept the rally in check. A bullish breakout would force sellers out and attract momentum buyers instead, turning […]


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