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XAU/USD. Analysis and Forecast
Today, gold prices are correcting from
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Today, gold prices are correcting from the record high reached on Tuesday, amid a moderate recovery in the U.S. dollar. The U.S. dollar has paused its decline as markets reposition ahead of the key FOMC rate decision, which has put slight pressure on the precious metal. As a result, gold ended its three-day winning streak after setting a new all-time high. Nevertheless, downward potential remains limited.Investors are convinced that the Federal Reserve will resume its rate-cutting cycle, with two cuts
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Irina Yanina,
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