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Gold Outlook: XAU/USD continues attempting to reach 4,200 dollars per ounce
As the trading week comes to an end, gold price movements continue to show a steady bullish bias, allowing for a gain of more than 2.5% over the past five sessions. Buying pressure has held thanks to weakness in substitute assets—such as 10-year U.S. Treasury bonds—and because overall market confidence has not fully recovered, which has supported a stable short-term rebound in the metal. If these factors persist, buying pressure may continue to dominate in the coming sessions. The ongoing shifts in interest rate expectations ahead of the December 11 Federal Reserve meeting—the last policy decision of ... (full story)