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November 18, 2024

Gold Price Forecast: XAU/USD recovers above $2,550 as US Dollar enters consolidation mode

The Gold price (XAU/USD) rebounds to near $2,570, snapping the six-day losing streak during the early Asian trading hours on Monday. However, the strength of the US Dollar (USD) might cap the upside for the precious metal.

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GBP/USD recovers slightly from multi-month low, remains below mid-1.2600s

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