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Back Technical analysis
Trading Signals for XAU/USD on November 13-16, 2026: buy above $3,860 (21 SMA - 2/8 Murray)
Gold is trading around $3,888 under
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Gold is trading around $3,888 under downward pressure, below the Murray 2/8 level and the 21- and 200-day moving averages, showing signs of exhaustion in the downward momentum and potentially signaling a technical rebound in the coming days.Yesterday, during the US trading session, in an attempt to close the gap left on October 30 around $3,875 from the high of $4,145, the price fell to $3,859. Although the likelihood of a trend reversal was uncertain for bulls, technically, the price
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Dimitrios Zappas,
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