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Gold prices testing resistance at $3,900 as producers prices continue to rise
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(Kitco News) - The gold market is trying to attract some bullish momentum as it tests initial resistance at $3,900 an ounce, but analysts warn investors that the precious metal could continue to struggle as inflationary pressures remain a threat to the economy.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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