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Gold Slumps $70 as the sell-off continues

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Gold Slumps $70 as the sell-off continues


The safe-haven status of gold continued to erode, and the price fell by a third.

The greenback was the currency of choice for traders this week as the CPI is expected to show a positive trend.

Will we test the $1900 level before the end week as the sell-off continues?

Timestamps

XAUUSD 01/25

DXY 02 :55

The article Gold Slumps $70 as the Selloff Continues appeared initially on Orbex Forex Trading blog.



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