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Gold Forecast: XAU/USD resumes decline as geopolitical risks boost USD

fxstreet.com Tier 2 2026-04-02 08:09 UTC 📖 1 min read Neutral
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US President Donald Trump said the US would carry out aggressive strikes on Iran over the next two to three weeks if no deal is reached and energy infrastructure remains a possible target; a senior Iranian official denied Trump’s claim about a ceasefire request; reports that the UAE is pushing for military action to reopen the Strait of Hormuz and to lobby for a UN Security Council resolution to authorize it Perigon signal context: impact negative, driver geopolitical.

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