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XAU/USD. Price Analysis and Forecast
Gold (XAU/USD) continues to face a
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Gold (XAU/USD) continues to face a lack of sustained demand and remains below the $4800 level, staying under pressure ahead of the European trading session opening on Friday. Despite intensified diplomatic efforts aimed at resolving tensions in the Middle East, friction between the US and Iran persists amid the ongoing US naval blockade of Iranian ports. This factor continues to support the dollar's status as the global reserve currency and puts pressure on commodity prices.At the same time, a temporary
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