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Gold Playing in Demand Zone, Eying US Core PCE Price Index

Started by forex4you, Jan 29, 2023, 03:02 pm

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Gold Playing in Demand Zone, Eying US Core PCE Price Index

XAU/USD tries to rebound after reaching a demand zone. A new lower low activates more declines. The bias remains bullish, but the US data could move the price today. The gold price dropped on Friday, but the bias still remains bullish. If the USD resumes its depreciation, the metal may turn to the upside at … Continued


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