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10:08, 18 марта

XAUUSD

Gold prices had a high volatility in recent days. There Is no fundamental reason for these movements. We think that this high volatility will be continues until the coronavirus risk is gone.  

In technically, 1450 is the main support level and 1550 is the key resistance level for Gold prices. We may see some trade opportunities when the price approaches this levels.  

Resistance levels: 1550 – 1588 - 1610 
Support levels: 1515 – 1492 - 1450