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Gold Price Has Decreased Below $1800. What Should Investors Draw Their Attention To?

Gold Price Has Decreased Below $1800. What Should Investors Draw Their Attention To?| FXMAG.COM
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  1. Gold Reports the Biggest Daily Fall in Three Weeks
    1. FOMC

      Gold Reports the Biggest Daily Fall in Three Weeks

      XAU/USD bears take a breather after the biggest daily fall in three weeks falling from around $1,805 to $1,764, and currently trading around $1,770 during Wednesday's Asian session. One factor that would have affected gold price is the rise of US Dollar Index (DXY) which rallied to the highest levels in 20 years.

      FOMC

      Moving forward, updates on global economy health will be crucial for gold traders while the Federal Open Market Committee (FOMC) Minutes and the US ISM Services PMI will be in focus for fresh directions.


      ICM.COM Market Updates

      ICM.COM Market Updates

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