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ZFX: Mixed sentiment maintains! Dollar index tested 91 edge
ZFX analyst Jacob Leung said that, the positive progress of Covid-19 vaccine development weakened the safe haven demand for gold obviously these days, pushing the gold price down around $200/Ounce. Such a sharp rebound of gold price may include technical correction, which means that we can’t be so optimistic in the short term, especially near $1830-$1840 big resistance area.