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Gold Price Forecast: XAU/USD keeps bounce off $1,950 support confluence with eyes on Fed
Gold Price (XAU/USD) steadies around $1,965 as bulls and bears jostle during the early hours of the key data comprising the Federal Open Market Committee (FOMC) monetary policy meeting announcements. Also challenging the XAU/USD price could be the latest headlines testing the previous optimism about China. Furthermore, mixed data from the United States and the pre-Fed anxiety, as well as a light calendar in Asia, appear as extra carriers for the Gold price of late. Even so, the yellow metal defends the previous day’s corrective bounce off the lowest levels in a week by the press time. Gold Price edges higher on ... (full story)