XAUUSD: Fake Breakout or New Reality?
<p><img width="507" height="338" src="https://www.actionforex.com/wp-content/uploads/2018/03/f-gold7.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>Gold price experienced a notable turnaround, gaining fresh bids after a $125 pullback from its recent peak. Federal Reserve Chair Jerome Powell’s recent speech suggested a reluctance towards aggressive rate cuts, dampening speculations of immediate policy easing. Market sentiment leans towards the belief that the Fed has concluded its tightening cycle, with a growing likelihood […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/530387-xauusd-fake-breakout-or-new-reality/">XAUUSD: Fake Breakout or New Reality?</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>
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