Gold Spot / U.S. Dollar
Short
Updated

Sell XAUUSD Bearish Channel

528
Gold prices fell on Tuesday as the US dollar rebounded on renewed uncertainty about the Federal Reserve's monetary policy path.

The dollar index, which tracks the greenback against a basket of major currencies, rose 0.3%, making gold more expensive for international investors.

Some analysts believe that the Fed could take a more hawkish stance than previously expected, which would put downward pressure on gold prices.

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