XAU/USD Outlook: Current Correction Seen As Positioning As Gold Remains Top Safe-Haven Asset

<p>Spot gold edged lower on Monday despite fading risk sentiment and hit one-week low but so far unable to clearly break pivotal double-Fibo support at $1678 (23.6% $1455/$1747 and 38.2% of $1567/$1747). Overall picture remains bullish with current pullback from new nearly eight-year high ($1747, posted on 14 Apr) seen as positioning ahead of fresh […]</p>
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