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Gold Technical: A Floor May Have Been Formed for the Bulls
Source: Buzz FX / 06 May 2024 06:12:15 America/New_York
- Stagflation risk is still lingering as indicated by the latest April US ISM Manufacturing and Services PMI data.
- A not fully priced-in stagflation risk scenario may support another bullish impulsive upmove sequence for Gold (XAU/USD).
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