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XAU/USD Analysis Today 08/01: Bullish Attempt (Chart)
(MENAFN- Daily Forex)
- Since the start of trading this week, gold prices have been trying to rebound upwards with gains extending to the resistance level of $2665 per ounce.
- Obviously, that's before the gold price index gains stalled amid a recovery in the US dollar and stabilized around $2650 per ounce at the time of writing this analysis.
- This comes in anticipation of important US events and data, led by the announcement today of the minutes of the latest US Federal Reserve meeting, followed by the announcement of important US jobs figures at the end of the week.

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