Gold price prediction: XAU/USD falls from yesterday’s weekly high

Quqas
2 min readJun 24, 2022

technical analysis

  • The precious mettle fails in continuing the upside trend after rejection on two consecutive occasions from a critical resistance.
  • The Moving Average Indicator line of the 50-period crossed over below the 100-period, indicating more decline potential.
  • XAU/USD clings close to the

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Quqas

Financial writer and Financial market analyst