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xauusd buy signal

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Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.

Spot Gold shed some ground on Wednesday as the US Dollar got an unexpected boost from risk aversion XAU/USD losses, however, are modest compared to other USD rivals, as Gold benefited from its safe-haven condition.

Hell broke loose when the United States (US) reported stubbornly high March inflation. According to the Bureau of Labor Statistics (BLS), the Consumer Price Index (CPI) rose by 0.4% MoM and 3.5% YoY, surpassing expectations and ticking higher from February. Core annual inflation was up by 3.8%, matching February’s figure but above the 3.7% expected. The news sent the USD skyrocketing amid risk aversion, as the figures backed the Federal Reserve (Fed) case of keeping interest rates higher for longer.

gold now buy 2334
tp1 2342
tp2 2346
tp3 2350
tp4 2380
sl 2320

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tp1 hit 80 done

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gold buy 90 pips done

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gold buy signal