Forex Trading Library

Gold Retracing or Reversing?

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After falling over $50 in the past few days, traders were hoping for a rebound on the yellow metal.

However, after breaking through the $2k level, prices have dropped even further.

So, the question is, is this just a small retracement on Gold, or are we looking at a full reversal?

XAUUSD 01:35
DXY 03:05

Test your strategy on how the Gold will fare with Orbex

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