$XAI JUST GOT HIT HARD â¡
Gold bulls are under pressure after spot gold suffered a sharp selloff, losing more than $100 in a single session as the DXY surged. Markets are now pricing in a tougher monetary policy path, with persistent energy-driven inflation raising the risk of further rate hikes by major central banks.
Higher rates increase the opportunity cost of holding gold, weakening its appeal during dollar strength. For $XAU, the key battle is whether safe-haven demand can absorb the pressure from a stronger USD and tighter liquidity expectations.
Not financial advice. Manage your risk.
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