Gold prices today fluctuated at the 1889-1904 border with a slight uptrend in the Eurasian session and a decrease in the US session. Gold ended the trading day with a bullish candle and officially crossed the downtrend line. While the market awaits Powell's Jackson Hole Congressional speech, some traders seem to be pricing in a US application wing race and maybe even a little kite speech. More from Powell this weekend. And the US PMI quick data survey due out tonight could contribute to this expectation.
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