ONTRADE Forex

Gold Price Forecast: Acceptance above 50-day SMA or $4,900 critical to sustain uptrend

Gold Price Forecast: Acceptance above 50-day SMA or ,900 critical to sustain uptrend
Gold is pulling back from four-week highs of $4,871 set earlier in the Asian session on Wednesday, as buyers take a breather, weighing the likelihood of a peace deal reached at the upcoming talks between the United States (US) and Iran.

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