🏅 Gold 1-hour Analysis
👉🏻 At the same time, the 100 and 200 SMAs hold below the critical $1,800 threshold, losing their upward strength.
In the near term, and according to the 4-hour chart, XAU/USD turned modestly bullish. The pair is back above a mildly bearish 20 SMA, and while the longer ones maintain their downward slopes above the current level, persistent upward pressure favor a steeper recovery. Technical indicators, in the meantime, have crossed their midlines into positive terri
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