Gold Rises Over 3% on Weaker Dollar

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Gold price surged over 3% on Wednesday, driven by sharp fall in the US dollar, on primarily dovish outlook for the Fed monetary policy action. Fresh gains show strong attempts for eventual break above eight-day range, defined by $4310 floor, reinforced by daily Ichimoku cloud base ($4358) and range tops at $4440 zone, though several […]The post Gold Rises Over 3% on Weaker Dollar appeared first on ActionForex.