Gold Price Forecast: XAU/USD rebounds from 29-month low above $1,600, falling wedge, US data eyed

Gold price (XAU/USD) licks its wounds around a 2.5-year low, mildly bid near $1,627 during Tuesday’s Asian session, as the market’s risk-off mood ebbs
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US inflation expectations refresh multi-day low despite strong yields

US inflation expectations remain pressured on Monday, despite the latest rush to risk safety, which in turn propelled the US Treasury bond yields. The
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