XAU/USD: gold to lose in value in US inflation stays flat or rises

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Technical analysis



Back
Technical analysis


XAU/USD: gold to lose in value in US inflation stays flat or rises


Today, all markets without exception are




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11.09.2024 10:27 AM






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11.09.2024 10:27 AM




Today, all markets without exception are focused on the release of US inflation data, which will help market participants understand whether the Fed's rate cut on September 18 will be a one-time event or the start of a cycle of monetary easing. Currently, the market believes that the easing will be systemic, but everything could change if the decrease in inflation is minimal or, conversely, if inflation rises above the current 2.9% annual rate.
The dynamics of the precious metal will




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