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Bulls are taking a breather and consolidating within a narrow range on Monday, just under new all-time high ($2195) and psychological $2200 barrier. The yellow metal continues to shine (advanced 4.6% last week, in the biggest weekly gain since the second week of March 2023), lifted by growing expectations for Fed rate cut. Strongly overbought […]

The post XAU/USD: Gold Consolidating After 4.6% Advance Last Week appeared first on Action Forex.

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14/02/2024

Gold – Falls Below $2,000 After Resilient Display This Year

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