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Gold’s Strategic Moves Ahead of Crucial Economic Events
Gold prices have seen a slight rebound, continuing to trade within a consolidation range. This movement reflects a shift by investors towards safe-haven assets in anticipation of several crucial economic events. The market is characterized by uncertainty as traders await the upcoming US Consumer Price Index (CPI) data and the Federal Reserve meeting, which are expected to provide clearer direction for future movements. Technical Analysis: Consolidation Range and Key Levels. Gold is currently trading within a consolidation range, with investors closely monitoring potential breakout points. The price action remains ... (full story)
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- Posted: Jun 12, 2024 12:26am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 619
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