Gold rebounds above 4050 on easing oil, lower liquidation
OCBC strategists report gold has rebounded above 4050 after dipping below 4000, supported by easing oil prices and reduced liquidation pressures despite a firmer USD and higher US yields. Focus is now shifting to the upcoming FOMC and core PCE data.
Original · FXStreet AI summary of public reporting
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At publication → CurrentGOLD4,035 → 4,042+0.2%