The gold that was stepped on the ground
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In the future, it is likely to face further declines if the XAUUSD price fails to stay above $1770. My charts show that the bears have an overwhelming advantage. Given gold's sensitivity to inflation expectations and Fed rate hike bets, the US November non-farm payrolls report due later this week could provide the next directional cue for prices.
The "gold" that was stepped on the ground, will you pick it up?
The "gold" that was stepped on the ground, will you pick it up?
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