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Gold Price to Break Falling Wedge Pattern, Eying FOMC

Gold Price to Break Falling Wedge Pattern, Eying FOMC
The bias remains bearish as long as it stays below the downtrend line. Only a valid breakout through the downtrend line validates a larger growth. The FOMC Meeting Minutes should bring sharp movements today. The gold price bounced back, trading at $1,905 at the time of writing. Greenback’s temporary retreat helped the yellow metal to … Continued The post Gold Price to Break Falling Wedge Pattern, Eying FOMC appeared first on Forex Crunch... Read More
Posted: Aug 16 2023, 12:01
Author Name: forexcrunch
Views: 102842

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