AAAU - Gold: Get Ready For A Downward Correction

In October, the US interest rate was reduced for the third time in the current year. Notably, the language in the Fed statement points to a higher bar for further easing:

Source

It is also significant that judging by the futures, the market does not expect a change in the key rate level in the near future:

Source: CME Group

This event has already pushed the UST10 yield to almost a three-month high:

So, what does all this mean for the gold market? The most immediate...

Ultimately, the gold price is a mirror image of

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