The XAUUSD pair is again focused on the monetary policy of central banks and the risks of recession in the U.S. economy, which allowed bulls to push quotes to record peaks. Let’s discuss this topic and make a trading plan.
Highlights and key points
Gold will benefit regardless of the US election results.
The XAUUSD pair returns its focus to monetary policy.
Aggressive rate cuts by the Fed will boost the growth of the precious metal.
Gold may soar above $2500 an ounce soon.
Daily fundamental forecast for gold
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