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Gold to remain on front foot unless Fed rate hike bets spike

FX_IDC:XAUUSD   GOLD / US DOLLAR
Resistance - $1300-1320, $1350, $1400

Support - $1253, $1227-1223, $1190

  • Prices clocked a high of $1287 levels.
  • A break above $1320 would expose $1350 levels.
  • The bullish bias is at risk if prices see a daily close below $1263, while bears would make a comeback below $1227 levels.
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