Gold weakened because the dollar in the international market skyrocketed in the past few days in the context of the Fed's tight monetary policy.
The dollar index gained 0.2%, making gold more expensive for buyers holding other currencies.
Reflecting investors' lack of optimism about the gold price outlook, the world's largest gold exchange-traded fund (ETF) SPDR Gold Trust continued to net sell gold, its lowest holdings since January. 2020.
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BUY XAUUSD around the price: 1882 - 1884
Stoploss : 1880
Take Profit : 1898 Take Profit : 1902 Take Profit : 1907
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