Gold is currently trading at $3,266, and the $3,267 sell zone is likely a resistance area due to its proximity to the April low of $3,270. This zone has become a crucial resistance level in the near term.
*Key Factors Influencing Gold Prices:*
- *Trade Negotiations*: Optimism surrounding US trade talks with countries like China and India is boosting risk appetite and supporting the dollar, putting downward pressure on gold prices.
*Key Factors Influencing Gold Prices:*
- *Trade Negotiations*: Optimism surrounding US trade talks with countries like China and India is boosting risk appetite and supporting the dollar, putting downward pressure on gold prices.
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Disclaimer
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