Gold Price Forecast: XAU/USD remains shy of $3,400, holds above 20-day EMA

Gold Price Forecast: XAU/USD remains shy of $3,400, holds above 20-day EMA

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Gold price (XAU/USD) struggles to break above the key level of $3,400.00 during the European trading session on Thursday. The precious metal hesitates to extend upside even as Federal Reserve (Fed) officials have shown support for interest rate cuts in the remainder of the year…
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