Gold Price Near major ressistance, NFP Data will decide the trend

Today’s Key Highlights Gold price started an upside correction from $1,266 against the US Dollar. There is a major bearish trend line forming with resistance near $1,292 on the 4-hours chart of XAU/USD. The US Pending Home Sales increased 3.8% in March 2019, more than the 1.1% forecast. The Fed Interest Rate Decision is scheduled today (forecast 2.5%, versus 2.5% previous).

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    In industrial contexts, machines and rotating equipment act as the support of operations. However, a of the highly common challenges which might obstruct its functionality as well as durability is resonance. Resonance might cause a range of complications, such as reduced accuracy as well as performance to greater wear and tear, eventually causing pricey delays as well as repairs. This scenario is when vibration regulation equipment is essential.

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