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Gold runs up to last week's highs and stalls on first look

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Old 23-08-2019, 17:23
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Default Gold runs up to last week's highs and stalls on first look

Takes a breather on the run higherSpot gold raced up on the back of the heightened tariff war. In the process, the 100 and 200 hour MA which acted as a lid this week (see blue and green lines in the chart below) were both broken. Sellers turned to buyers . Also helping the bullish

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