Gold Price Forecast: XAU/USD begins a new record run
Broad US Dollar (USD) weakness kept Gold afloat on Tuesday, with the XAU/USD pair trading above $4,600.

Broad US Dollar (USD) weakness kept Gold afloat on Tuesday, with the XAU/USD pair trading above $4,600.
AUD/USD appears to be pausing for air. After Monday’s rebound, the pair quickly ran out of steam and slipped back below the 0.6700 mark, with a firmer US dollar once again taking centre stage.
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The EUR/USD pair is attempting a technical bounce amid Fed-related turmoil and upcoming inflation data, with resistance near 1.1800 limiting upside.
The EUR/USD pair traded uneventfully throughout the first half of Tuesday, stuck around the 1.1660 price zone. Investors refrain from placing relevant bets ahead of the release of the United States (US) Consumer Price Index (CPI), while political noise in the US kept the Greenback on the back foot.