Gold Spot / U.S. Dollar
Long
Updated

Gold confirm buy here is opportunity read the caption

293
he USD rallied hard on Wednesday, tracking the sharp gains in the US bond yields as traders reinforced the Trump trades optimism, digesting hawkish Fed commentary and poor 20-year bond auction results.
Most of the Fed officials who spoke on Wednesday sound a bit hawkish, prompting markets scale back their expectations of a 25 basis points (bps) interest rate cut in December
Trade closed: target reached
Gold hit the target

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