Gold continues to benefit, continuously increasing in price

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Hello dear friends, As predicted earlier, gold continues to maintain its upward trend as it consistently increases in value due to the benefits of a cooling USD and stable Fed interest rates. These two important factors are acting as strong leverage for gold's rapid rise since its decline to $1933.

As of now, gold has increased by nearly 500 pips in the past week and is approaching the resistance level of $1995. In order to reclaim its peak at $2010, gold needs to sustain its current stability and upward trajectory. A strong support level for gold would be $1980.
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