Gold: The Floor Has Been Found, but Where Is the Ceiling?

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The strong support at 4,000 helps gold defy the fundamentals. Rising Treasury yields and a strong US dollar are creating headwinds. The US dollar staged a four-day growth against the backdrop of air strikes on Iran. Rumours of a temporary ceasefire have not been confirmed, pushing Brent to near $93 per barrel and fuelling inflation […]The post Gold: The Floor Has Been Found, but Where Is the Ceiling? appeared first on ActionForex.