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XAU/USD: Price Analysis. Forecast. Gold Maintains a Bullish Sentiment
On Wednesday, gold is demonstrating moderate
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On Wednesday, gold is demonstrating moderate intraday growth above $5100. Expectations of further easing by the Federal Reserve are putting pressure on the dollar, making it the primary driver of support for the yellow metal. However, the sustained bullish sentiment in the markets may limit the growth potential of this safe-haven asset.On Tuesday, the US Census Bureau reported that retail sales stagnated in December. This indicator, which replaced November's 0.6% increase, fell short of market expectations (0.4% growth). Amid signs
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Irina Yanina,
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