Gold price bounced on Tuesday and returned above key $3000 level, partially offsetting initial negative signal on violation of this support on Monday and threats of deeper pullback on clear break lower. Profit taking after a steep fall in past three days, which was mainly driven by closing profitable gold longs to cover losses from […]
The post XAU/USD: Gold Rises Above $3,000 But Downside Still at Risk appeared first on Action Forex.
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