Gold forecast: XAU/USD retreats along with dollar debasement trade - FOREX.com
Source: FOREX.com
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DW NOTE
Gold falls 12.5% from its January peak while the Strait of Hormuz remains blockaded, the Fed holds rates at 3.65%, and the US deficit runs 3% above last year. The "debasement trade" never required dollar strength — it required governments to stop debasing. They didn't.
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