Talking Points:
Gold Technical Strategy: Longer-term bullish uptrend remains in question; short-term bullish reversal.
Gold prices put in an aggressively bearish move on the back of an uptick in FOMC hawkishness; and this theme doesn’t appear to be near capitulation just yet. Gold bulls should be really careful of chasing additional top-side entries here.
Is the Gold bull back? More information needed, but a break above $1,286 would be very encouraging.
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