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Gold Price Forecast: XAU/USD set for more pain amid Hormuz tensions, inflation fears

Gold Price Forecast: XAU/USD set for more pain amid Hormuz tensions, inflation fears
Gold is seeing a dead cat bounce from over one-month lows of $4,501 early Tuesday, but sellers are likely to jump back in amid sustained haven demand for the US Dollar (USD) and renewed tensions around the Strait of Hormuz.  

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