Gold Steadies Near $4,320 As Buyers Defend Trend (Technical Analysis)
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Traders Union572 FollowersFollow5ShareSavePlay(7min)CommentsSummaryGold trades near $4,320 after gaining roughly 65% this year.Price remains firmly above rising short- and medium-term moving averages.Easing U.S. inflation and persistent geopolitical risk continue to support demand. e-crow/iStock via Getty Images By Parshwa Turakhiya Gold (XAUUSD:CUR) is consolidating just below record levels on Friday after one of its strongest sustained rallies in decades, with the price holding firm near $4,320 per ounce. The pullback remains shallow and orderly, reinforcingThis article was written byTraders Union572 FollowersFollowTraders Union is a leading financial portal dedicated to empowering traders and investors with essential information to maximize their success in the financial markets. Its mission is to create a trusted platform where users can easily access comprehensive details about the top brokerage firms offering the most favorable and seamless trading conditions. Founded in 2010, Traders Union was built on the idea of providing thorough and unbiased reviews of international forex brokers, along with high-quality content covering global trading and investment trends. Traders Union saves time and effort by making the process of selecting a reliable broker hassle-free. With the Traders Union Broker Rating, users have all the data needed to make well-informed decisions, eliminating the need for endless research and review reading.