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Gold and Silver Price Forecast: Key Support Levels Ahead of US Jobs Report - FXEmpire

Source: FXEmpire

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DW NOTE

FXEmpire wants you to watch technical support levels going into Friday's jobs report. Gold has fallen 17.4% from its January high of $5,318 and is now at $4,391 — not consolidating near strength, but down 5.3% in a week while oil surges on a Strait closure entering month seven. The chart levels matter less than the fact that haven demand has evaporated even as 2,000 ships sit stranded in the Gulf.

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Gold and Silver Price Forecast: Key Support Levels Ahead of US Jobs Report - FXEmpire

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