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Only 1 factor for gold price growth

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Gold price has stopped its attempts to growth due to extreme popularity of USD in recent days. Investors will trade gold in a wide corridor of $1285-1321 for a while.

We assume that prices could increase only in case of depreciation of US Dollar. Please see the strongest levels on the graph below.

Gold price graph
Gold price graph
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Euro99.3898Dollar93.5823

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