Gold price jumps to near $1,880.00 on Thursday as hawkish Fed bets swiftly fade away. The precious metal registers a fresh two-week high and is gathering strength for further upside. The yellow metal climbs above the 20-day Exponential Moving Average (EMA) around $1,872.00, which indicates that the short-term trend has turned bullish. The broader Gold price outlook is bearish as the 50 and 200-day EMAs have already delivered a Death Cross.
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