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If XAUUSD breaks above the 2325 level, it will propel the asset to 2334 TO 2350;
🔽 However, if the price bounces from the resistance, it may trigger a decline to 2309 TO 2290.
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According to customs data, Swiss gold exports were lower in May than in the previous month due to lower shipments to India and Hong Kong.
Demand for jewelery gold in India, the world's second-biggest consumer of gold, fell last week as prices hovered near record highs, as well as fewer major festivals as India's Hindu population slowed retail purchases.
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🛑 Gold Analysis Today 🛑
👉 Support = 2305
👉 Resistance = 2340
👉 Trend = Negative & Volatile
👉 Keep eyes on Fundamental news, because any time unexpected change possible
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