GOLD MAY CONTINUE TO THE DOWNWARD POSITION

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XAUUSD continues its downward momentum as the U.S. dollar strengthens and bond yields rise. Bearish pressure persists, with sellers dominating the market. Key support levels will be crucial in determining the next move. If gold breaks below the current support, further downside is likely. Traders should watch for economic data and Federal Reserve signals that could influence gold’s direction.

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