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Gold Analysis Today 19/12: Attempts Recovery (Chart)
(MENAFN- Daily Forex)
- During Thursday's trading, the gold price is attempting to recover yesterday's losses, which exceeded 2%, as the gold price index plummeted to the support level of $2583 per ounce.
- This is the lowest price in a month, following the US Federal Reserve's hawkish announcement.
- Today, Thursday, attempts to recover the spot gold price reached $2622 per ounce, and it is currently stabilizing near this level at the time of writing this analysis, ahead of the announcement of the Bank of England's decision and the US GDP growth reading.

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