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Gold remains depressed near weekly low as bears eye $4,100 break amid Fed bets, USD uptick

Gold (XAU/USD) maintains an offered tone heading into the European session, trading near the weekly low it touched earlier this Wednesday, with bears still awaiting a sustained break and acceptance below $4,100 before positioning for further losses.

Gold remains depressed near weekly low as bears eye $4,100 break amid Fed bets, USD uptick

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