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Gold pulls back from recent high, now in consolidation mode?

by Joel Frank
15 June 2021
in Commodities
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Gold prices have pulled back from recent highs above $1900 and looks to be testing support in the lower $1800s. A slight dollar recovery and subsiding inflation concerns seem behind the recent move, but a dovish Fed and low real yields ought to keep the precious metal supported for the time being.

For more trading details, please check the hyperlinks with time stamp indicated from the video:

0:12 GOLD

Tags: FedGOLDUS Dollar
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