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    HomeContributorsTechnical AnalysisDaily Technical Outlook And Review: XAU/USD

    Daily Technical Outlook And Review: XAU/USD

    Gold has almost closed the trading day above $1255 on Friday. The precious metal is still very well bid, and a daily close above $1255 signals that the rally could extend to $1280 in the near-term.

    To the downside, solid support is now noted at $1243 and $1238.

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