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Gold Price: Dead Cat Bounce Ahead of Powell’s Speech
The rebound was natural after its massive drop. XAU/USD could test and retest the resistance levels before going down. A new lower low activates more declines. The gold price turned to the upside, trading at $1,964 at the time of writing. After its massive drop, a corrective downside was expected. –Are you interested in learning … Continued The post Gold Price: Dead Cat Bounce Ahead of Powell’s Speech appeared first on Forex Crunch...
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Posted: May 19 2023, 10:28
Author Name: forexcrunch
Views: 102621