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GOLD 5-12-2023

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GOLD 5-12-2023.

prices are currently moving upward in the short term and have broken through the resistance zone of 2050, also surpassing the historical high of 2081.80, reaching new price levels within the range of 2145. However, there was strong selling pressure pushing it back to the levels of 2020 in yesterday’s trading. If this selling pressure continues, we may test the support zone of 2005.

Support

2020 2010 1995
Resistance 2045 2060

2082

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