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Gold analysis

Gold price ended yesterday’s trading with a strong positivity, settling above the level of 1928.60, to move towards continuing the rise on the intraday and short term, targeting the levels of 1960.00 then 2000.00 as the next main stations.

 

The moving average 50 supports the expected ascending wave, …

Peace? Maybe next time

News for today, Tuesday, March 1

Mastercard has blocked many Russian financial institutes following the sanctions that the Western world has imposed on Russia after the invasion of Ukraine. It also promised to continue working with regulators and donate $2 million to humanitarian aid. Visa has also stated that it …

Gold Analysis

Gold price is trading below the 1916.25 level, and it made negative attempts yesterday. But it faces strong support at 1895.00, waiting to break this level to push towards our awaited negative target at 1860.00 directly.

In general, the bearish trend scenario will remain valid and effective for the upcoming …

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