The brief pause above $3,000 saw price action folding back towards its 100 (red line) and 200-hour (blue line) moving averages, before buyers once again seized near-term control earlier today.
As markets continue to grip with economic uncertainty from tariffs, geopolitical uncertainty, more prospects of rate cuts by major central banks, gold continues to find good reason for being demanded. That especially with major central banks such as the PBOC especially still stocking up on supply.
This article was written by Justin Low at www.forexlive.com. Read More Details
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