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Gold Stalls at 200-Day MA After Rally: Breakout or Pullback Ahead?

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Gold rallied 6.3% monthly but was rejected at its key 200-day moving average near $4,484, closing at $4,363.
  • Fed rate-cut expectations and safe-haven demand support prices, though gold remains 22% below its January record high.
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XAUUSD price history

4320.00 -9.35% over the displayed period

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