The XAU/USD chart shows that yesterday, the price of gold fell below $2610, a level not seen since 20th September. Bearish sentiment has been driven by the continued strengthening of the US dollar. According to Trading Economics: → This is due to market participants lowering expectations for an aggressive rate cut by the Federal Reserve. […]
The post Analysis of XAU/USD: Gold Price Drops to a Two-Week Low appeared first on Action Forex.
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