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James Stanley: Gold holds 4k level amid technical tug of war

James Stanley: Gold holds 4k level amid technical tug of war
Gold holds 4k, breakout eyed

James Stanley, senior strategist at DailyFX, highlights that gold is holding onto the 4k level despite a descending triangle formation.

Stanley observes that support around 4k has attracted longer-term buyers, signaling an ongoing battle between bulls and bears. A break above 4200 would negate the bearish technical pattern.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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