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XAU/USD Price Analysis and Forecast: Gold Prices Increase
On Thursday, gold (XAU/USD) continued to
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On Thursday, gold (XAU/USD) continued to recover steadily after rebounding from the $4500 low recorded at the beginning of the week, which marked its lowest level in more than a month. The metal has now posted gains for a third consecutive day. Positive momentum remains intact, allowing prices to climb toward the $4750 level, approaching the 100-day SMA.Expectations of a possible peace agreement between the United States and Iran, together with softer hawkish sentiment regarding U.S. Federal Reserve policy, are
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