Gold price takes a breather during Friday’s session after failing to print new highs as the momentum drops.
The USDJPY pair found support around 107.70s and the 50-day moving average, and now it looks like the momentum has been picked up.
Gold price pulled away from multi-year highs during yesterday’s session after a fail attempt to break above it and consolidated comfortably above the $1400 mark.
Gold price fails to capitalize on the overnight late rebound from over two-week lows and traded with a mild negative bias through the early European session on Wednesday.
As US China trade war escalates, Google suspends Huawei from gaining access to Android updates, a move that will send shockwaves through the industry.
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