ONTRADE Forex

Gold Forecast: Bulls await breakout through multi-day-old range amid Fed rate cut bets

Gold Forecast: Bulls await breakout through multi-day-old range amid Fed rate cut bets
Gold (XAU/USD) attracts fresh buyers during the Asian session on Wednesday, though it remains confined in a multi-day-old trading range amid mixed fundamental cues. The global risk sentiment remains on the defensive amid economic woes and fears of the AI bubble burst.

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