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XAUUSD News

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Last Updated Date: 19 July 2021 @ 7:24 AM (UTC)
*Please note that all the dates are in GMT time zone

Gold was down on Monday morning in Asia. However, lower U.S. Treasury yields in addition to concerns over the rising number of COVID-19 cases globally and its impact on the global economic recovery capped losses for the yellow metal.

The market is bearish and warns for declines against 1792.0, when broken 1762.0. Any minor corrective rebounds trapped inside Wednesday’s downturn will remain setup for selloffs. A close over 1832.0 highlights a reversing turn to higher levels.



 
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