XAU/USD. Analysis and Forecast

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Gold is showing moderate gains during the day, pausing near record highs reached earlier on Tuesday, though prices remain below the round level of 3700. Bulls have taken a breather after a sharp surge to new historic highs, preparing for potential changes in central bank policies. However, downward potential remains limited due to fundamentally supportive factors for the yellow metal. Strengthening confidence that the Federal Reserve will lower interest rates this week is pushing the U.S. dollar close to yearly lows,
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