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Gold stable in holiday trade – MP

FXStreet (Barcelona) - Kenny Fisher, Currency Analyst at Market Pulse, notes that Gold trades steady on Thursday with the spot price standing at $1196 per ounce.

Key Quotes

“XAU/USD lost ground in the Asian session but then recovered. The pair is unchanged in the European session.”

“1175 is an immediate support level.”

“1200 is a weak resistance line. 1215 is next.”

“Current range: 1175 to 1200.”

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