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Gold set for more pain if the $2,021 support fails

Gold price is licking its wounds at around $2,025 in Wednesday’s Asian trading, having incurred heavy losses on Tuesday, courtesy of the unabated demand for the US Dollar (USD) amid a further escalation in the Middle East geopolitical tensions and easing bets for aggressive US Federal Reserve (Fed) rate cuts this year.
Red Sea Djibouti General Christopher Waller Group Fedwatch World Gold Council Middle East

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