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Gold Price Violates Bullish Pattern Violated, All Eyes on US CPI

Gold Price Violates Bullish Pattern Violated, All Eyes on US CPI
After its strong growth, a temporary retreat was natural. XAU/USD could still develop a new leg higher if it stays above $1,924. The US inflation should bring high action tomorrow. The gold price is trading in the red at $1,926, below today’s high of $1,932. Today’s rally proved to be corrective only. The downside pressure … Continued The post Gold Price Violates Bullish Pattern Violated, All Eyes on US CPI appeared first on Forex Crunch... Read More
Posted: Aug 9 2023, 10:41
Author Name: forexcrunch
Views: 102621

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