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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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Trader: Gold bulls finally enter the market.
On August 17, Jinshi Data reported that New York independent metals trader Tai Wong stated: "After experiencing two weeks of intense fluctuations, gold prices soared to a historic high, breaking the $2500 barrier, as long positions finally showed their willingness. Now, attention will turn to the Jackson Hole annual meeting and Federal Reserve Chairman Powell's speech in a week for a more detailed outlook on the upcoming form of interest rate cuts."