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Gold pushes back past 1300 USD

Written on 13th March, 2019

Gold Price pushed higher against the USD today,  There was already an uplift in the XAU/GBP Tuesday as the British Government prepared to lose another and most likely final Parliamentary vote on Prime Minister Theresa May’s proposed Brexit deal with the European Union.

The Gold Bulls will be pushing for a Rally to exceed the 1360 resistance mark, which for many in the market will signal the end of the long term bear trend in gold and the start of the bull market.