XAUUSD News

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Last Updated Date: 31 March 2021 @ 8:03 AM (UTC)
*Please note that all the dates are in GMT time zone

Gold was down on Wednesday morning in Asia, ending March on a lower note as China reported faster than expected growth in its factory activity and U.S. Treasury yields climbed.

Overall the GOLD market is bearish and after close selloff puts trade into a bear stance, positioned for declines to test under 1676.0. A close under 1676.0 warns for a wash towards the 1639.0. Any congestion trapped inside yesterday’s range will remain aligned for selloffs.

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