GOLD - is still a safe haven asset

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XAU/USD is in retreat mode after peaking at $1,970.15 a troy ounce, now approaching the $1,940 mark. The US Dollar started the day on the back foot as the market mood stabilized, allowing rival assets to appreciate. However, the American currency made a comeback early in the US session, helped by rising US government bond yields.

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anylisisChart PatternsFundamental AnalysisgoldlongsignalstrendTrend AnalysisXAUUSD

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