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Sell XAUUSD Bearish Channel

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OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold prices fell on Tuesday as the US dollar rebounded on renewed uncertainty about the Federal Reserve's monetary policy path.

The dollar index, which tracks the greenback against a basket of major currencies, rose 0.3%, making gold more expensive for international investors.

Some analysts believe that the Fed could take a more hawkish stance than previously expected, which would put downward pressure on gold prices.

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