ONTRADE Forex

Gold Weekly Forecast: Buyers step away as Fed rate cut bets diminish

Gold Weekly Forecast: Buyers step away as Fed rate cut bets diminish
Gold (XAU/USD) edged lower after rising more than 2% in the previous week but stabilized above $4,000. Diminishing bets of a Federal Reserve (Fed) interest rate cut could keep the bulls at bay as markets wait for the US economic data backlog to clear. 

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