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XAU/USD. Price Analysis and Forecast. Gold Remains in Negative Territory for the Second Consecutive Day
Gold (XAU/USD) continues to remain under
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Gold (XAU/USD) continues to remain under selling pressure for the second day in a row, declining toward the round level of $4600 and already moving below the $4650 support level. As the US dollar recovers amid uncertainty surrounding the second round of peace negotiations between the United States and Iran, this remains the main factor putting pressure on the precious metal.However, expectations of a less restrictive Federal Reserve monetary policy may limit gold's losses ahead of the key interest rate
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