Source: Action Forex
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Forex
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Gold's Rally Looks Real. Three Markets Will Decide Whether It Reaches 4,500
TL;DR: Gold's rebound has technical and macro confirmation behind it, but whether it extends toward 4,500 depends on three interlinked markets — Brent crude, US Treasury yields, and Fed rate expectations — all still hinging on whether Strait of Hormuz negotiations produce a durable breakthrough.
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Source: Action Forex
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