Gold Spot / U.S. Dollar
Long
Updated

Xauusd buy signal read the caption

137
that the US central bank will resume its rate-cutting cycle sooner than expected amid worries about a tariff-drive slowdown. This could act as a headwind for the USD and lend support to the non-yielding Gold price. Apart from this, the uncertainty over US President Donald Trump's trade policies and geopolitical risk should help limit any meaningful corrective fall for the XAU/USD pair, which seems poised to register gains for the third straight week
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