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Gold markets broke out to the upside during the trading session on Tuesday, clearing the $2000 level handily.
The strength of the US dollar contributed to the decline in the price of gold to the $1961 an ounce after a rush at the beginning of trading towards $1985 an ounce.
The gold markets have touched the $2000 level a couple of times over the last couple of days, but we cannot seem to hang on to the gains above there.
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Yellow metal bulls succeeded in pushing the price of an ounce of gold towards the $1983 resistance, its highest level in history.
The gold markets rallied significantly during the trading session on Friday, touching the $2000 level before pulling back.
Gold markets have shown strength, rallying right off the bat in order to show strength again, but then fell to fill the gap before finding buyers.
Gold markets have been all over the place after the FOMC meeting announcement, and even after the press conference.
At the beginning of yesterday's trading, gold price jumped to $1981, the highest in history.
The gold markets have gone back and forth during the course of the day on Tuesday, initially breaking above the $1960 level in the front month of the futures contract, and even touched the $2000 level in the spot market.
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Non-stop gains distinguishes the gold performance in the last period on Tuesday morning, the price of an ounce of gold reached $1981
Gold markets have had a strong session on Monday, breaking towards the $1945 level before pulling back just a bit.
With the constant stability of gold prices above the $1,800 resistance, talk increased in the financial markets about the possibility of moving towards the record and historical price of $2000.
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Sign up to get the latest market updates and free signals directly to your inbox.The gold markets rallied during the trading session again on Friday as we continue to see a lot of bullish pressure.
Gold markets have been explosive to the upside over the last several weeks. Find out what's in store in August here.
The gold markets have rallied significantly during the trading session on Thursday again, reaching towards in $1900 level.