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Gold steadies after gap lower as markets assess US-Iran developments

Gold steadies after gap lower as markets assess US-Iran developments

Published 1 month, 1 week ago
Description
Gold steadies near $4,800 after a bearish weekly gap as US-Iran tensions keep markets volatile.
Escalating tensions in the Strait of Hormuz cloud de-escalation hopes.
XAU/USD maintains a mild bullish bias on the 4-hour chart, holding above the 200-period SMA.
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