XAUUSD: Weaker PPI figures boost GOLD
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In the US, weaker PPI figures and an increase in jobless claims have led to a boost in stocks during the afternoon. This has resulted in the market hoping for more negative news to influence the Fed to pause beyond the next meeting. However, the possibility of 'no change' at the upcoming meeting is not very likely.
Predicting continuation of the uptrend GOLD
In the US, weaker PPI figures and an increase in jobless claims have led to a boost in stocks during the afternoon. This has resulted in the market hoping for more negative news to influence the Fed to pause beyond the next meeting. However, the possibility of 'no change' at the upcoming meeting is not very likely.
Predicting continuation of the uptrend GOLD
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