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GOLD/USD | Gold to US Dollar Trading Analysis

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GOLD/USD | Gold to US Dollar Trading Analysis

Written by: PaxForex analytics dept - Friday, 15 May 2020 0 comments

The gold trades almost unchanged, as the stability of the dollar after the comments of Jerome Powell, the head of the Federal Reserve, compensated for the fear of prolonged economic weakness due to the coronavirus outbreak.

GOLD/USD, 30 min

Pivot: 1730.85

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