Gold Prices Experience Modest Pullback After Reaching Oversold Levels, Bounce Back Amid Thin Liquidity Conditions
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#2d0e458e ver:0.27

Gold prices pull back after reaching oversold levels, but bounce back amid thin liquidity conditions and declining US Treasury yields. Traders await US inflation data for further insights. UBS analysts expect gold prices to stay volatile, targeting new record highs. Central banks continue to increase gold reserves. Gold is a safe-haven asset and hedge against inflation. Short positions favored, but MACD suggests potential upside correction. #GoldPrices #InflationData #CentralBanks #SafeHavenAsset...

#newstr #GoldPrice #UsEconomy #FederalReserve #UsDollar #CentralBanks 

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