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Dovish Fed's statement enlighted its a view on world economy and recovery, FED was a lot worried amid covid situation. we expect Gold to remain bullish and continue its streak to $2300 levels by the end of the year. As we discussed earlier, "The trend remains strongly bullish , 2000 could be achieved this week. It was a day full of volatility , Gold reaching 1981, then lost all gains to 1900 then again reaching the 1950 level. Don't enter any trade-in retracement phase. Pullbacks and support zones are an entry point".
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