Gold retains its negative bias on Friday as rising US-Iran tensions continue to underpin the US Dollar.
Inflation fears temper dovish Fed bets, further benefiting the buck and weighing on the commodity.
The technical setup favors the XAU/USD bears and backs the case for a further depreciating move.
Inflation fears temper dovish Fed bets, further benefiting the buck and weighing on the commodity.
The technical setup favors the XAU/USD bears and backs the case for a further depreciating move.
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