Spot gold tumbles, crushing the uptrend - U.S. GDP and the Fed's preferred inflation gauge, the PCE price index, await
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The bears exerted significant pressure on precious metal support after breaking the key area at $2,360-66, subsequently pushing through the short-term trend at $2,314-16 and exposing the $2,260-70 level. Meanwhile, the U.S. Dollar Index (U.S. DXY) remains near five-month highs at 106.10.
Spot gold tumbles, crushing the uptrend - U.S. GDP and the Fed's preferred inflation gauge, the PCE price index, await
Spot gold tumbles, crushing the uptrend …
Spot gold tumbles, crushing the uptrend - U.S. GDP and the Fed's preferred inflation gauge, the PCE price index, await
The bears exerted significant pressure on precious metal support after breaking the key area at $2,360-66, subsequently pushing through the short-term trend at $2,314-16 and exposing the $2,260-70 level. Meanwhile, the U.S. Dollar Index (U.S. DXY) remains near five-month highs at 106.10.