ISSN: 2056-3736 (Online Version) | 2056-3728 (Print Version)

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The weekly chart remains bearish . The level of $1,073 is critical support and if it is broken, it could push the price towards our longer-term target of $1,040 or 920. A bounce above $1,105 will find resistance at $1,130

XAU_USD Gold _ US Dollar

By Theodoros  Batsoulis
Technical Analyst
Risk Market
www.riskmarket.co.uk