XAU/USD: Gold Extends Advance on Weakening Dollar/Hopes Fed Rate Hikes Nearing End

<p>Gold keeps firm tone on Thursday and extends Wednesday’s 1.3% advance, sparked by softer than expected US June inflation. Fresh bulls cracked pivotal resistance zone at $1961/64 (55DMA / Fibo 38.2% of $2080/$1892) and hit the highest in almost one month, with firm break here to confirm reversal signal on daily chart, after larger bears […]</p>
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