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XAGUSD News

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Last Updated Date: 2 July 2021 @ 6:08 AM (UTC)
*Please note that all the dates are in GMT time zone

Gold was up on Friday morning in Asia, but investors avoided big bets ahead of the release of critical U.S. employment data that could sway the U.S. Federal Reserve’s recent hawkish stance on monetary policy.

The rebounding action from last days gives near term friendly signals, hinting for a possible bullish reversing turn. Stable action over 1780.0 is near term friendly. However, a close over 1786.0 is needed to secure a turnaround and launch a drive to higher levels 
⇒ 1797.0.
 
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