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XAU/USD analysis for 2.12

Gold price shows calm negative trades, to gradually approach the 1770.00 level. This keeps the bearish trend scenario active in the intraday term, and we expect the price to exceed this level, which will open the way to achieving negative targets extending to 1734.00.

The moving average 50 continues to …

Currency pair analysis: GBP/USD

The GBP/USD pair rebounded to the downside after testing the 1.3355 level; now it is supported by the negative pressure formed by the EMA50, waiting for more decline to head towards our expected main target at 1.3160.

In general, we will continue to suggest the bearish trend on the intraday …

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