Gold prices have rebounded slightly after dropping below 1900 for the first time since March 15, 2023. The prices increased by approximately 0.09% following optimistic economic data from the United States, as speculation grew that the Federal Reserve would raise interest rates. Additionally, the data has dampened expectations of a "hard landing," with the economy showing strong growth momentum. XAU/USD is currently trading at 1909.65 after hitting a daily low of 1893.17.

XAUUSD: Gold Price Forecast!
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