Gold Nears Key Fibonacci as Fed Rate Cut Odds Dip

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Gold is about to test the 38.2% Fibonacci retracement level while Stochastic Signals overbought, as chanced of a 0.25% rate cut at Fed fallen below 59%.

The gold's downtrend is valid as long as the prices are below the %50. Fibonacci.

Article: fxnews.me/gold-hits-2620-as-investors-eye-fed-moves/