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XAU/USD price movement for March 03, 2020

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After XAU/USD has touched 1579.15, it is trading again in the bullish channel. It is trying to head to 1610.57 as its prime target and 1624.63 as its secondary target. As long as XAU/USD does not retrace to 1547.07, the overall bias for XAU/USD will still be bullish.

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The material has been provided by InstaForex Company - www.instaforex.com