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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...
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Posted: Aug 16 2023, 12:01
Author Name: forexcrunch
Views: 102842