Gold is testing support, potential bounce | 8 Jan 2021

Gold is testing support, potential bounce | 8 Jan 2021 for FX:XAUUSD by FXCM

Gold is testing support, potential bounce | 8 Jan 2021

Gold/U.S. Dollar FX:XAUUSD



Price is testing support where we could see a bounce above this level to our first resistance target. Prices are holding above the 20 EMA as well, in line with our bullish bias.

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