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XAU/USD Price Analysis and Forecast: Gold Starts the New Week on a Positive Note
At the beginning of the European
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At the beginning of the European session on Monday, gold prices (XAU/USD) continue to fluctuate below the upper boundary of the range formed about a week ago. Weekend developments strengthened expectations of a potential peace agreement between the United States and Iran, weakening the U.S. dollar and supporting gold prices. Nevertheless, significant disagreements between the parties remain on key issues. Combined with expectations of a more aggressive ("hawkish") Federal Reserve policy, this is limiting the dollar's decline and restraining further
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Irina Yanina,
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