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Gold hit new record high early Wednesday ($2482), following acceleration through former top on Tuesday (metal was up 1.9% for the day, the biggest daily gain since Dec 13). Break above previous all-time high ($2450) signaled an end of corrective phase ($2450/$2286) and continuation of a larger uptrend. Growing expectations for September Fed rate cut, […]

The post XAU/USD Outlook: Gold Hits New Record High appeared first on Action Forex.

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