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Gold price nears $2,000 after CPI

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As the USD falls against its counterparts, there is a bullish bias. If you can remove the 150% level, then more gains are ahead. Only a pattern that is bearish could indicate a new sale. The gold price continued its upward trend, buoyed by the Dollar Index‚Äôs recent decline. Depreciation in the USD has given XAU/USD investors an impetus to…

The post Gold Price nears $2,000 as Greenback stays red after CPI appeared initially on Forex Crunch.



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