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$1950 is the price of gold!


The $1,950 handle for gold, the highest level since April 2022, was retracted.

The yellow metal was weighed down by the modest dollar strength, as the DXY gained some support.

Recession fears should limit the loss of Gold and the smaller rate increases expected by Fed.

XAUUSD 01.54
DXY 03.00

The post Gold Finds Resistance at $1950 The post appeared first on Orbex Forex Trading blog.

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