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#الذهب #XAUUSD
There is no real reason for the rise we've seen in gold.
It seems that the increase is due to two factors.
First: Support for stock prices and U.S. indices, and downward pressure on oil... so the movement required an intentional price move in gold (a deliberate price movement and not a genuine one)
Second: A preemptive counter-preparation for the data coming out tomorrow, Friday... which is likely to bring more positive surprises for the dollar and more negative impacts on gold prices.
In summary, liquidity is very high at the moment, causing sharp price fluctuations and wide price ranges... but the truth is that there is no change in the fundamentals despite the intense price movement.
$XAUUSD $XAGUSD