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Downward pressure on XAUUSD concerning geopolitical development
XAUUSD
, 15
Short
XAUUSD: Downward pressure on XAUUSD concerning geopolitical development

Reports of a ceasefire between Israel and Lebanon have emerged. If confirmed, this could reduce gold's appeal as a safe-haven asset, potentially exerting downward pressure on its price . On February 8, 2025, Lebanon formed a new government led by Prime Minister Nawaf Salam, ending a prolonged political deadlock. The new administration aims to implement reforms...

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