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XAU/USD : Gold Price Regained Traction on Dovish Signals from Fed
Gold price rose further on Friday, extending recovery from $1915, where the higher base is forming after three-day fall found firm ground, after being contained by 200DMA. Weaker dollar on end-of-week profit taking contributed to fresh strength, as the metal benefited from rather neutral stance of Fed policymakers. Fed officials referred to cooling inflation and […] The post XAU/USD : Gold Price Regained Traction on Dovish Signals from Fed appeared first on Action Forex...
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Posted: Sep 8 2023, 13:55
Author Name: actionforex
Views: 111541