GOLD - Trading trend day 02/06/2023
Although expected to be in a long-term uptrend, gold is currently under selling pressure as the dollar is supported by the signal of the US Federal Reserve (Fed) raising interest rates in the June meeting.
Recent positive US economic data led investors to bet that the Fed could raise interest rates next month.
Recent positive US economic data led investors to bet that the Fed could raise interest rates next month.
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