Rate Cuts Are a Key Catalyst for the XAU Market
XAU could be at risk as the market overestimates a 50 basis point Fed rate cut, which could turn investors away from gold. The odds of a 25 basis point Fed rate cut are now down to 59% from over 70% last week.
Note
SELL XAU 2581
TP1: 2575
TP2: 2569
SL: 2589
Note
Hit TP 1 Note
Running + 150 pips 
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