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Is the Gold Correction Over?

Started by PocketOption, Oct 10, 2022, 01:32 pm

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PocketOption

Is the Gold Correction Over?

US NFP data has given a green signal to the Fed to continue hiking interest rates.


This has given the yellow metal as a significant blow in the fight to remain above $1700.


Going forward, the release of the CPI data and FOMC minutes this week should move the Dollar, but how much will remain to be seen.


Timestamps

XAUUSD 01:35

USOIL 03:10


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