Daily Market Report
➢ Gold (XAU/USD) falls below $5,300 on Tuesday, declining nearly $100 from the intraday high near $5,380.
➢ Fresh and sustained US Dollar buying pushes the USD to its highest level since January 20, pressuring gold prices.
➢ A stronger USD remains the primary factor weighing on the non-yielding precious metal.
➢ The previous failure to sustain gains above $5,400 signals technical resistance and warrants caution for bullish traders.
➢ Ongoing geopolitical tensions in the Middle East continue to support safe-haven demand for Gold.
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