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During yesterday's trading, gold futures returned to stabilize above the psychological resistance level of $2,000 an ounce
The gold market has experienced some slight upward movement during Tuesday's trading session, amidst a lot of noisy behavior.
At the beginning of this important trading week, gold futures fell below $ 2,000, despite the exacerbation of the US banking crisis over the weekend
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Gold markets showed signs of life during Monday's trading session after initially pulling back slightly.
XAU/USD gold futures settled above the $2000 psychological resistance once again to settle the last trading week.
Gold has been on an impressive run over the past few months, but on Friday, the markets remained indecisive and consolidated around the $2000 level.
Gold markets were indecisive during the trading session on Thursday, hanging around the $2000 level and consolidating after such a significant gain over the last few months.
The realization is growing that more ominous clouds are gathering over the US economy, causing new anxiety for investors.
The demand for gold has once again shown strength in the trading session on Wednesday, as investors continue to flock towards the precious metal for wealth preservation amidst an anticipated global slowdown.
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The return of investors to buy safe havens helped XAU/USD (gold) prices to return to timidity to test the $2003 resistance an ounce.
The gold market continued to fluctuate during the trading session on Tuesday, with a lot of noisy behavior in the markets overall.
At the beginning of this week's trading, XAU/USD gold futures hovered around $2000.
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Gold markets had a tough day on Friday, but it appears that the market is trying to find support just below the $2000 level.
Throughout the last week's trading, the price of an ounce of gold, XAU/USD, was exposed to profit-taking sales.
Gold markets have been experiencing volatility over the past few days, as they continue to hover around the important psychological and structural level of $2000.