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XAUUSD Intraday Analysis

XAUUSD (1313.96): Gold prices have turned flat in the short term with price action repeatedly testing the support level between 1311 and 1307 region. However, with this support level holding out for the moment, we expect the upside momentum to push gold prices slightly higher. The next main resistance level at 1325 remains a key level that could be tested for resistance.

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