#XAUUSD Weekly Overview
Gold had a highly volatile week. Prices initially dropped sharply as the stronger U.S. Dollar and hawkish Fed expectations weighed on sentiment. Later in the week, buyers stepped in, helping gold recover a large part of its losses.
However, renewed geopolitical uncertainty surrounding the Middle East and mixed market sentiment prevented gold from sustaining gains above the 4100 level.
🔑 Key Takeaways:
• Strong USD kept pressure on gold.
• Geopolitical tensions supported
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