Gold price (XAU/USD) settled deep in the red on Friday to end September down over 4.5% and lower for the second quarter in a row. The yellow metal also recorded its biggest weekly decline in more than two years and continues to be weighed down by growing acceptance that the Federal Reserve (Fed) will keep interest rates higher for longer. The US central bank indicated the possibility of one more rate hike by the year-end, which, in turn, is seen as a key factor driving flows away from the non-yielding commodity. GOLD WILL GO SELL TARGET 1810
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40 Pips RunningNote
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60 Pips RunningNote
70 Pips EnjoyNote
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100 PipsNote
110 Pips DoneTrade closed: target reached
Target Completed 150 Pips..Disclaimer
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.