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Gold price technicals ‘look awful’: Metal’s worst enemy weighs on potential recovery – analysts – by Anna Golubova (Kitco News – August 10, 2021)

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https://www.kitco.com/ (Kitco News) Gold price could continue to struggle under the weight of its worst enemy – the U.S. dollar – until an official taper announcement is made by the Federal Reserve, according to analysts. After losing nearly $100 in August, gold will need some time to stabilize and find its new support levels. “The […]

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