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XAU/USD Price Analysis and Forecast: Gold Remains Under Selling Pressure Amid U.S. Dollar Strength
Gold (XAU/USD) fell below the $4,100
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Gold (XAU/USD) fell below the $4,100 level, reaching a new two-week low amid broad US dollar strength. However, the price has since recovered and is now attempting to hold above this level. Despite encouraging signals emerging from negotiations between the United States and Iran, market participants remain cautious about the prospects for a final agreement. Combined with the Federal Reserve's hawkish rhetoric, this has helped lift the US dollar to its highest level since May 2025, adding further pressure on
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