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  • Gold Price Forecast: XAU/USD under pressure as US dollar stabilizes

    From fxstreet.com

    The price of gold in Asia is under pressure as the US dollar stabilises following a series of down days for the greenback. XAU/USD is trading around $1,820 and down some 0.1% while the DXY index attempts to correct from the depths of the late December to YTD sell-off. The US dollar, as measured by the DXY index, sold off from 96.90 to a recent low of 94.66. In as many weeks, XAU/USD has climbed over 4%. However, in what could be more of a technical move, the yellow metal had failed to capitalise on the fall of US yields and the greenback on Thursday. DXY dropped 0.4% and the US 10-year yield was down 2.5bps at ... (full story)

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  • Jan 13, 2022 8:35pm Jan 13, 2022 8:35pm
  •  edeslu
  • | Joined Nov 2020 | Status: Member | 62 Comments | Online Now
Let's go DXY....rise baby rise!!!
 
 
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  • Jan 14, 2022 12:08am Jan 14, 2022 12:08am
  •  Thorisho
  • | Joined Jan 2022 | Status: Junior Member | 2 Comments
For short it is time where gold supply to 1805
 
 
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  • Posted: Jan 13, 2022 8:20pm
  • Submitted by:
     Newsstand
    Category: Technical Analysis
    Comments: 2  /  Views: 372
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