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Gold markets have fallen initially during the course of the trading session on Wednesday to show signs of weakness.
In the midst of profit-taking, the price of an ounce of gold fell to the level of $1891 before settling around the psychological resistance level of $1900 an ounce, waiting for any news.
Gold markets went back and forth on Tuesday, centering on the $1905 level.
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The price of gold rose to its highest level in more than eight months as fears of heightened geopolitical tensions fueled demand for safe haven assets.
The gold markets have been all over the place on Monday, as we continue to see a lot of geopolitical concern near the Ukraine/Russia border.
By the end of last week's trading, gold futures struggled to stay above the critical $1900 resistance level.
The gold markets initially drifted lower during the course of the session on Friday but found plenty of buyers as we head into the weekend.
Gold markets have gone parabolic during the session on Thursday as the markets slammed into the $1900 level.
Gold prices rose today as the dollar weakened although higher US interest rates are still looming.
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Gold markets rallied on Wednesday to threaten a major breakout once again.
Global fears of the consequences of a Russian military action in Ukraine increased the demand of investors to buy safe havens, gold, most notably.
Gold markets tested the crucial $1880 level on Tuesday but pulled back rather significantly.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold futures are trading at their best in three months as investors monitor the border crisis between Ukraine and Russia.
Gold futures took off immediately on Monday, gapping much higher.
The price of gold moved strongly upwards, reaching the resistance level of 1865 dollars an ounce, starting from the level of 1821 dollars an ounce on Friday