The disappointing U.S. Manufacturing PMI report provided support to gold markets.
Sentiment is: Positive
Technical Analysis
The price of XAG/USD in heading in the direction of 28.7991. Despite the recent breakout through 29.0390 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
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