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Broad US Dollar (USD) weakness helped Gold price advance on Wednesday, with the XAU/USD pair peaking at $3,370.80 early in the American session.
The GBP/USD holds near 1.3500, with stronger UK CPI and fading BoE cut bets boosting bullish momentum toward 1.3600 ahead of Jackson Hole.
Gold remains stuck in sideways trade near key levels, with $3,500 resistance and $3,200 support defining the trend as markets await Jackson Hole.
EUR/USD trades sideways with a bearish tilt as Fed independence concerns and political uncertainty weigh, with key support at 1.1560 and resistance at 1.1680–1.1770.