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XAUUSD

XAUUSD
XAUUSD
The most important agenda items for spot gold prices today will be U.S. PMI data and New Home Sales. Strong economic data may delay expectations for Fed rate cuts, support the U.S. Dollar Index, and create pressure on precious metals. Weak data, on the other hand, may bring safe-haven demand back to the forefront. Accordingly, the continuation of the negative trend is assessed in the technical outlook.
Support
3997.13 – 3963.99
Resistance
4102.22 – 4174.17

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