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XAUUSD News

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Last Updated Date: 22 April 2021 @ 5:34 AM (UTC)
*Please note that all the dates are in GMT time zone

Gold was up on Thursday morning in Asia, sticking around an eight-week high thanks to a weaker dOLLAR and falling U.S. Treasury yields.

The market remains in a bull trend, but caught in a corrective pullback. Close under 1761.0 will reverse the short term trend and call for declines to lower levels 
1734.0. A bounce off 1783.0  could prompt a secondary rally. However, a close over 1802.0 is needed to renew bull trending to the last swing high.

 
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