XAUUSD News

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Last Updated Date: 3 August 2021 @ 6:09 AM (UTC)
*Please note that all the dates are in GMT time zone

Gold was down on Tuesday morning in Asia, with investors awaiting the latest U.S. jobs report to predict the U.S. Federal Reserve’s next policy move.

The market posture is negative. The slide back through last Friday’s reversal leaves trade positioned to continue attacking under 1801.0. A close under 1801.0 projects to 1790.0. Any near term rebounds will find resistance at 1823.0. A close over 1832.0 is needed to recapture bottoming / bullish trade action.

 
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