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Gold Prices Set for Continued Volatility as Global Risks and Economic Data Dominate

Market update: gold price – lining up for a year-end rally if US inflation cooperates?

The latest US inflation will steer gold going into 2024. Gold continues to test resistance, 20-dsma acting as near-term support. The technical outlook for gold is looking increasingly positive as we near the last major data event of 2023, the Fed’s preferred measure of inflation, Core PCE. This Friday’s release is expected to show the November Core…

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