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Gold Technical Analysis

Since the last FOMC meeting the US economic data has been consistently surprising to the upside and led to a more hawkish repricing in interest rates expectations ultimately pressuring gold. The Fed members are also talking about two more rate hikes this year if the data remains strong. As long as we keep seeing strength in the data, we can expect lower lows in gold, but if the data starts to miss expectations, we should see gold coming back strongly. Gold Technical Analysis – Daily TimeframeOn... Read More

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Gold

Technical

Analysis

Forex

Posted: Jul 3 2023, 09:40

Author Name: forexlive

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