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Gold Price Forecast: XAU/USD dives below $1,800 after Powell’s speech

FXStreet.com
 2021-10-22

Cover picture for the articleGold drops $30 on Powell's comments to $1,780. Powell confirms Fed tapering plans and sents gold plunging. XAU/USD’s dives to test support at $1.770/80. Gold futures have reversed course on Friday’s US trading session. The yellow metal has lost about $30 in a matter of minutes, retreating from six-week highs at...

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