Forex Trading Library

Is the Gold Correction Over?

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US NFP data has given a green signal to the Fed to continue hiking interest rates.

This has given the yellow metal as a significant blow in the fight to remain above $1700.

Going forward, the release of the CPI data and FOMC minutes this week should move the Dollar, but how much will remain to be seen.

Timestamps
XAUUSD 01:35
USOIL 03:10

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