Tipping Point for Gold as FOMC Looms? Recession Talk and USD in Focus
GOLD OUTLOOK Spotlight on Fed rate decision. Recession fears could help prop up gold. Chart pattern breakouts being tested. XAU/USD FUNDAMENTAL BACKDROP Gold found some bids this morning after the week’s significant drop towards $1800/oz. The U.S. dollar being one such influence is trading marginally lower thus boosting gold prices ahead of the Fed’s interest …
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