Gold Price Playing in Rising Wedge, Focus on FOMC

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<p>The FOMC should be decisive today. The XAU/USD could jump higher if it stays above $1,977. A new lower low activates more declines. The gold price turned to the downside in the short term, but a more extensive correction is far from being confirmed. The metal is trading at $1,983, far below yesterday’s high of…</p>
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