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> Gold July 12, 2018 Weekly Analysis
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Gold July 12, 2018 Weekly Analysis

Exclusive Capital Ltd.

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Gold depreciated around $1240 per troy ounce this morning amid a stronger U.S.Dollar. Major support is found at the $1200 which is an important psychological level. In contrast, in the scenario of a trade war, the traders may likely turn on gold. The precious metal appreciated due to the global trade turmoil. Resistance is found at the $1281.60 (18th June high ).

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Source: https://www.exclusivecapital.com/gold-july-12-2018-weekly-analysis/
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