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XAU/USD Price Analysis and Forecast: Gold Ends a Three-Day Decline
On Monday, gold (XAU/USD) is attempting
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On Monday, gold (XAU/USD) is attempting to break above the round level of $4,200 and, based on current dynamics, is ending a three-day losing streak after reaching a more than one-week low the previous day. Pressure on oil prices has increased after mediators Qatar and Pakistan announced agreement on a formal 60-day plan aimed at achieving a final peace agreement between the United States and Iran. This is contributing to lower inflation expectations and reduced risks of monetary policy tightening,
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