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Gold Price Analysis: XAU/USD recovers back to 50, 200DMAs around $1790 after Tuesday’s momenary dip

FXStreet.com
 2021-12-01

Cover picture for the articleSpot gold has recovered back to close to its 50 and 200DMAs after a brief dip to $1770 on Tuesday. Prices were weighed on Tuesday by Powell’s hawkishness and traders will be watching day 2 of his testimony on Wednesday. Spot gold (XAU/USD) prices have recovered off of Tuesday...

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