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Gold Trapped in a Narrow Range, What’s Next?
After almost touching a record high last month, gold prices have corrected lower, trampled under the weight of rising yields and a resurgent US dollar as markets priced in a higher-for-longer scenario for Fed rates. These forces could keep bullion under pressure for now, although in the bigger picture, the trend of sovereign buying by […] The post Gold Trapped in a Narrow Range, What’s Next? appeared first on Action Forex...
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Posted: Jun 16 2023, 15:27
Author Name: actionforex
Views: 081134