XAUUSD Retracement 09.10.2023

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XAUUSD Retracement 09.10.2023 by BDSwiss_Academy on TradingView.com

Gold jumped following the NFP news and the news for the Israel-Gaza conflict that erupted into war after attack by Hamas.

Commodities prices moved to the upside rapidly. Retracements are possible intraday as shown on the chart. A significant breakout of a support at near 1846 could cause the price of Gold to drop for the day.

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