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Gold Futures - Jun 24 (GCM4)

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Currency in USD
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2,366.80
+26.50(+1.13%)
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Gold Futures Discussions

The first stimulus cheques ($1200) were signed off by Trump on 27th March last year then again on 29th Dec ($600) Check charts history to see what happened
SO next weeks FOMC meeting will mean what? I feel like this is another setup for a few days, then markets will rush to ATH again, gold will fall and USD goes up?
 Yes potentially. FOMC needs to show concern about the high yields IMO or we could get big sell off again. however i dont think gold will be down for too long if it does happen. todays market is extremely emotional and volatile. Most experienced traders will tell you that today the markets make no sense at all. we are in unchartered waters.
 Also IMO the 10Y hype right now is just another excuse to bring gold prices down. If you check charts history...10Y doesn't always correlate. I think once those cheques hit the system that's when we "should" see gold move higher.
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