Gold Price Pares Gains as Fed Hawks Roar

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<p>XAU/USD retests the buyers after closing above the upper median line. The US data could be decisive today. Dropping below the S2 invalidates the upside scenario. The gold price made waves yesterday, hitting a high of $1,965 before taking a step back to $1,954. This retreat was anticipated after the recent rally. The DXY’s rally…</p>
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