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Gold Slumps $70 as the Sell-Off Continues

Gold Slumps $70 as the Sell-Off Continues

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Gold Slumps $70 as the Sell-Off Continues

Gold hit a three-week low as the safe haven status continued to fade.

With CPI data expected to be progressive this week, traders turned to the power of the greenback.

As the sell-off continues, will we see a test at the $1900 area before the end of the week?

 

Timestamps

XAUUSD 01:25

DXY 02:55

The post Gold Slumps $70 as the Sell-Off Continues appeared first on Orbex Forex Trading Blog.

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