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Gold Price Forecast: XAU Slammed to Support on Covid Vaccine News

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09 Nov

When good news goes wrong, at least for Gold bulls, as the yellow metal is down approximately 5% after positive developments for a Covid vaccine.

Newer USD/JPY May Rise on Vaccine Hopes Despite Election Dispute, Chinese CPI Eyed
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Older Gold IG Client Sentiment: Our data shows traders are now at their most net-long Gold since Oct 30 when Gold traded near 1,878.85.

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