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Forex
Gold is back to soar and recorded a new all-time high
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[QUOTE="FXOchartist, post: 345109, member: 90221"] Gold prices are expected to continue to soar as the safe haven asset benefits from the turmoil occurring in the Middle East. Meanwhile, Jerome Powell refused to guide when interest rates might be lowered. Apart from geopolitical factors, gold prices are also often influenced by the value of the USD. According to Investing, the dollar strengthened against several world currencies as data confirmed the US economy was in strong condition, supporting the idea that the Fed could delay its first interest rate cut. Treasury yields neared their highest level since November as solid economic data reinforced warnings from Fed officials that the decline in inflation may be stalling. Bollinger band squeeze waiting for breakout. [ATTACH type="full"]60724[/ATTACH] [/QUOTE]
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Gold is back to soar and recorded a new all-time high
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