GOLD New plan for the new week
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GOLD Moving ahead, there isn't any relevant market-moving economic data due for release from the US on Monday. Hence, traders will take cues from speeches by influential Fed officials, which might drive the US bond yields and the USD demand.Apart from this, the broader risk sentiment could provide some impetus to the Gold price. The fundamental backdrop, meanwhile, seems tilted in favour of bears and supports prospects for an extension of over a two-week-old downtrend
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