Gold has broken its trendline and is now trading below the resistance zone. Given the current conditions, it is expected that after a pullback to the broken level, the price may continue its bearish movement. Potential targets are located at the specified support levels.
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GOLD HOLDS STEADY, INVESTORS EYE KEY U.S. JOBS DATA
Gold prices were steady on Tuesday as investors took a cautious stance ahead of the upcoming U.S. economic data that could provide insights into the Federal Reserve’s interest rate path.
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