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XAU/USD. Price Analysis. Forecast. Gold Remains Under Pressure as Geopolitical Factors Boost Dollar Demand Again
On Monday, gold (XAU/USD) eased in
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On Monday, gold (XAU/USD) eased in price but continues to trade above the 200-day EMA. Market participants await developments in the Middle East and assessment of their impact on inflation — factors that will influence rate expectations and, consequently, gold prices.Last Saturday, Iran-backed Houthi forces in Yemen attacked strategic targets in Riyadh using missiles and drones. Tehran has ruled out reopening the Strait of Hormuz or resuming talks with the US until Washington meets a number of conditions, including ending
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