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NEWS: Expect sellers in gold on taper expectations June 21, 2021 at 07:20AM


XAUUSD weakness
The fed is expected to taper sooner now. In 2013 when the Fed tapered gold saw heavy selling. Circa -20%.
Expectations are that the Fed will taper at some point this year, and possibly at the next Fed meeting. Expect sellers to step in at key resistance above current price.

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