Gold held its nerve after finding some resistance as it traded around the mid-$2030 area.
With US inflation data delaying interest rate cuts, the Fed is now waiting for the next round of data.
Are we witnessing a sell-off or just a slight correction as the dollar weakens?
Timestamps
XAUUSD 01:05
DXY 02:10
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The post Dollar Weakens as Gold Jumps $40! appeared first on Orbex Forex Trading Blog.
