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The continued positive trends of US bond yields and the USD correlates negatively with the outlook of precious metals.
This week has been characterised by choppy and indecisive trading. Uncertain markets have been weighing up the implications of the lower US CPI and the pushback from FOMC speakers to a Fed pivot.
A time frame is a period of time where price movements take place. They are useful to determine what price trends emerge over the course of a given time frame.
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