Gold Price Hits Support at $1,959 as Greenback Recovers

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<p>The bias is bearish if it stays below the median line (ml). Taking out the 1,959 activates more declines. A strong bullish formation within the demand zone indicates a new bullish momentum. The gold price slumped in the short term on Tuesday as the US dollar rebounded. The precious metal is currently trading at $1,968…</p>
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