The recent substantial rise in gold prices has prompted some investors to take profits, leading to a subsequent price pullback. Additionally, the Federal Reserve has maintained the benchmark interest rate within the 4.25%-4.50% range. Projections suggest two rate cuts are likely in 2025. The Fed's interest rate decision has once again disappointed the bears. Contrary to expectations of a decline, gold has surged to a new all-time high of $3056.
XAUUSD buy@3035-3040 tp:3050-3055-3060
sell@3060-3070 tp:3055-3050-3045
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