XAU/USD. Review and analysis

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03.07.2024 01:29 PM

Hopes that the US Central Bank will begin a cycle of rate cuts at the September meeting were confirmed yesterday by dovish statements from Federal Reserve Chairman Jerome Powell. Additionally, concerns over a slowdown in global economic growth, political uncertainty in the US and Europe, and ongoing geopolitical tensions are supporting the precious metal.However, the growth potential for gold is still limited, as most investors and traders prefer to wait for additional signals regarding the future policy decisions of the

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