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Gold Price Movement On August 11, 2020

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After gold broke out and closed bellow the 2,049 level, it is trying to move down to reach the 2,003.93 and 1,993.96 levels. This retrace will automatically cancel if the price of this asset returns to the previous rise above the 2074.75 level.

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