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What's up with Gold today?

The futures of gold ended lower since the group of seven is preparing to ban goods of the yellow metal from Russia.


Gold futures for delivery in August fell 0.3% to settle at $1,824.80 per ounce after it touched an intraday high of $1,842.80.
 
According to Dow Jones Market Data, gold futures for August delivery decreased 0.3 percent to settle at $1,801.50 an ounce on Comex, marking the lowest most-active contract finish since February and completing the week 1.6 percent lower. Prices dropped to $1,783.40, which is the lowest point since January.
 
I guess nobody knows where Gold is heading in the long run however I can just dance with XAUUSD in short term. It looks like she's not bottoming just yet there's plenty of room to the south. let's wait for bear push ::giggle:
 

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