#XAU/USD#Gold Price Consolidation and EUR/USD Movement
Gold Price Consolidation
• Gold prices are consolidating a two-day uptrend above the $2,650 mark as of early Friday.
• This suggests that after a strong rally, gold is currently in a period of price consolidation, where it is stabilizing and possibly awaiting fresh catalysts for further movement.
• The $2,650 level is acting as a key support, and traders will be looking for either a continuation of the upward trend if gold remains a
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