XAU/USD: Gold Remains Underpinned by Weaker Dollar

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<p>Gold remains constructive and holding near $2000 barrier on Thursday after Tue/Wed double failure to register daily close above this level. Increased headwinds in this zone were anticipated, but shallow dips point to strong bids and keep $2000 pivot under pressure. Gold benefited from weaker US dollar on signals that the Fed is likely done [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/528707-xau-usd-gold-remains-underpinned-by-weaker-dollar/">XAU/USD: Gold Remains Underpinned by Weaker Dollar</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>