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The Gold markets gapped higher during the open on Monday and then continue to rally in order to break the $1530 level.
After a bearish correction during last week's trading, Gold prices dropped to the $1483 support level.
Gold markets rallied during the trading session on Friday again, as the $1500 level continues offer a significant amount of support.
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Gold markets drifted a little bit lower to kick off the trading session on Thursday but then rallied again to continue to show the $1500 level as being crucial.
Gold markets fell initially during the trading session on Wednesday as the Federal Reserve cut rates and sounded a little bit more less dovish than people had hoped.
Since the beginning of this week's trading, the price of gold has been trying hard to keep moving around and above the $ 1500 psychological resistance to confirm the adherence to the uptrend
The Gold markets are very likely to be extraordinarily noisy during the trading session on Wednesday, as the Federal Reserve comes out with an interest rate decision.
Gold paused its strong rally after positive developments in regards to the US-China trade war prompted a delay in fresh tariffs as well as the temporary exemption on certain items.
There is no doubt that the increased investors’ risk appetite is hurting the price of gold , which has now happened with the price falling to $1495 an ounce, and failed at the beginning of this week's trading, to penetrate the $1512 height, recorded after the recent tensions in the Middle East.
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Gold markets gapped higher after the drone strike in Saudi Arabia against the oil refineries on Saturday.
For the second week in a row, gold prices closed lower. Get the analysis for September 16, 2019 here.
Gold markets fell again during the trading session on Friday after initially trying to rally.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold markets were all over the place during the trading session on Thursday as the European Central Bank has had an interest rate decision and a press conference, cutting interest rates by 10 basis points, which is very little.
Since the beginning of Thursday's trading, the most important of this week, the price of gold is moving in an upward movement, which reached the $1502 resistance at the time of writing.
During the session on Wednesday Gold markets rallied slightly after initially dropping lower, hovering around the $1500 level.