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XAU/USD Forecast: Gold Price Extends Decline as Real Yields Tick Higher

DailyFx
 2021-12-02

Cover picture for the articleHawkish Powell weighs down on bullion. Symmetrical triangle break. IG client sentiment supports further downside. Cold water has been poured over spot gold prices since mid-November with more recent comments by Fed Chair Powell adding additional impetus to the downside move. The hawkish bias (potential for quicker tapering and tightening) now...

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