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Gold reverses gains after release of higher-than-expected US PMI data

https://www.fxstreet.com/news/gold-crosses-rubicon-higher-reviving-bullish-hopes-202406211103
Gold (XAU/USD) has reversed earlier gains and broken back below its 50-day Simple Moving Average (SMA) on an intraday basis after the release of US Purchasing Manager Indices (PMI) data from S&P Global showed activity levels remained robust in both sectors in June…

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