Gold is limited to less than 2000 USD

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Hello dear friends, Gold today continues to maintain stability at a high price level of around 1997 USD and is performing well in the upward channel. However, its recovery is limited at the resistance of 2001 USD, which affects the development of this precious metal.

If a price decline scenario occurs, gold will break out of the upward trend and quickly approach the support level of 1965 USD.

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