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Gold targets higher amid US election uncertainty – GOLD Market Outlook – 03/11/2020

SquaredFinancial

Gold stopped short of hitting our second resistance target at 1900, with 1890 resistance level now turned into support, as we look towards 1900 and 1912 as the next long resistance targets as soon as we clear the 200 period SMA, expecting safe-haven demand to pick up as U.S. elections proceed.

Support: 1890 /1880
Resistance: 1900/ 1912- 1920

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Source: https://www.squaredfinancial.com/learn/daily-market-outlook/gold-targets-higher-amid-us-election-uncertainty-gold-market-outlook-03-11-2020
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