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Gold Price Forecast: XAU/USD Fell As US Yields Ticked Higher After Powell's Words

By: TalkMarkets
On Friday, the gold price faced selling pressure after Fed Jerome Powell’s words at the Jackson Hole Symposium. The yellow metal traded near the $1,910 area, where the 20-day and 200-day simple moving averages appeared set to perform a bearish cross.
Related Stocks:
DB US Dollar Index Bullish Fund Invesco XAU
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