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Lofty dovish expectations of 4 Fed funds rate cut in 2024 are at risk of being dialed back. Short-term bullish momentum has resurfaced in the US 10-year Treasury real yield. Spot Gold (XAU/USD) may continue its short-term corrective decline sequence. Watch the key short-term resistance at US$2,040 on Spot Gold (XAU/USD). Spot Gold (XAU/USD) has […]

The post Gold Technical: Extension of Corrective Decline Ahead of FOMC appeared first on Action Forex.

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10/09/2024

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