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Gold: Two-way risks after cautious rebound – OCBC

FXStreetUnited States of America

Gold: Two-way risks after cautious rebound – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong report Gold has rebounded above 4050 after dipping below 4000, helped by easing Oil prices and reduced liquidation pressures despite a firmer US Dollar (USD) and higher US yields. They see focus shifting to the FOMC and core PCE.

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