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#XAUUSD- OVERVIEW EXPECTING REVERSAL!!

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OANDA:XAUUSD   Gold Spot / U.S. Dollar
-Due to recent news(NFP and Consumer Price Index) indicated that FED is aiming to increase the pricing from 50 points to 25 points. Therefore, the CPI data came out as forecasted affected USD heavily.
-Price may continue the bullish trend for months now as February FED report on interest rate are expected to rise by 0.25%.


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