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Apr 21 2020, 05:21 PM (BDT) |

Gold prices are recovering following the sell-off from last week.

Price action fell to the expected support level of 1671.95. Following this decline, prices are rebounding.

We expect a possible move higher. The previous level of 1712 will most likely be tested as resistance to the upside.

Therefore, we expect gold prices to remain range-bound within these levels.

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