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GOLD rebounding after President Trump calling off stimulus negotiations – GOLD Market Outlook – 07/10/2020

SquaredFinancial

The dollar remained the first safe haven of choice for investors with the U.S. trade deficit widening to a 14 year high, JOLTs Job Openings data coming in softer than expected, and after President Trump called off stimulus negotiations. FOMC meeting minutes along with the Vice President debate in focus today, with technicals favoring higher prints.

Support: 1880/ 1860
Resistance: 1900/ 1920

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Source: https://www.squaredfinancial.com/learn/daily-market-outlook/gold-rebounding-after-president-trump-calling-off-stimulus-negotiations-gold-market-outlook-07-10-2020
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