Gold Price Forecast: XAU/USD sees a correction amid stiff hurdles around $1,700, US NFP buzz – by Sagar_Dua24 Gold XAUUSD Fed Inflation NFP
s expected to witness a correction as hurdles around $1,700.00 are quite strong and demands aggressive buying interest to get demolished. The yellow metal is likely to correct to near $1,690.00 but that doesn’t warrant a bearish reversal.
The US economy has been maintaining full employment levels, therefore, space for generating more employment is extremely less. Adding to that, the escalating Federal Reserve ’s interest
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