BREXIT & ECB Monetary Policy
Spot gold close lower as US Labor Day holiday and the fluctuation was limited. Despite President Trump touts Vaccine by October, gold hold firms at $1925 at the Asian Session due to the market remains uncertainty of the Brexit negotiation and ECB Minutes ahead. Technically, the price is hovering in the range, and if the price breaks low, the support of $1921, it may cause the price continues to slump. Conversely, if the price breaks above $1941, it may extend the rally to the $1944.
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