Gold reached the 2053 level, a high not seen since last May.
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The bullish momentum of gold faced a resistance level at 2003, which is the highest level since the end of November.
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Gold's bullish momentum persists as it approaches the 2003 level.
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The bullish momentum in the gold market persists, and there's growing anticipation that it could ascend to even higher levels.
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In a noteworthy market development, gold prices are on a continued ascent, underscoring a robust bullish trend.
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Gold capitalized on the decline in the dollar and US Treasury to achieve further gains, setting its sights on the next target at 1979.
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Gold is currently supported by the 100/200MA levels, which have previously served as resistance twice before.
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Gold price (XAU/USD) experienced a modest recovery on Thursday, ending a three-day losing streak that had brought it to its lowest level since October 18, around $1,944.
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Gold prices remained below $1,970 per ounce on Wednesday after declining for two consecutive days, as the dollar continued to rise.
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