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Skiploss
Jan 31, 2023 3:19 AM

Watch out for the drop in gold prices. 

Gold vs US DollarPepperstone

Description

The price begins to climb below the trendline, and at 21:00 UTC on February 1, 2023, there may be a rate hike by the Fed. Therefore, you should reduce your buying position and start selling instead. These data are only rough estimates that must be analyzed according to the situation. But if the price stays above the range this week, it may continue to go sideways in a narrow range.
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