Gold XAU currently hovers near the significant mark of 2649. The market’s response hinges on the forthcoming FOMC Minutes. These minutes could serve as a critical catalyst, potentially pushing gold to break through the 2650 barrier. However, the strong dollar continues to pose challenges. Traders need to stay alert as any change in sentiment could signal either a breakout or downside risks. Monitoring upcoming economic signals will be paramount for gold enthusiasts and investors alike. If gold manages to exceed 2650, it could indicate a strong bullish trend, but failure to do so might reinforce bearish outlooks. Keep your eyes on the data releases, as they will shape market movements in the near future.

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