How to zoom out. At the same time USD-CHF started going up too, but it broke above its only visible resistance line on the price chart, about 4 days after that. RSI 34 is also approaching our descending resistance line and a reaction below this level No financial services are offered, promoted or recommended. Gold 1 Hour Chart At point 1, the shorter-term hour moving average crosses below the longer-term period average, suggesting that traders should enter a sell trade as a bearish trend may be forming.
Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a fiat currency system in which paper money doesn't have an implied backing with any physical form of monetization.
XAU to --- Chart
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LiveCharts.Co.Uk - Gold Price Chart
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