Gold Price Forecast: XAU/USD juggles above $2,000, US Dollar softens despite hawkish Fed bets

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Gold Price Forecast: XAU/USD juggles above $2,000, US Dollar softens despite hawkish Fed bets
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Gold Price Forecast: XAU/USD juggles above $2,000, US Dollar softens despite hawkish Fed bets Gold XAUUSD Metals

gradual correction from $2,011.90. The US Dollar Index is oscillating below 101.80 despite rising hopes of one more rate hike from the Federal Reserve .

Meanwhile, hawkish commentaries from Fed policymakers convey that upside bias for the USD Index is still solid. St. Louis Fed President James Bullard advocated for the continuation of a policy-tightening spell by the central bank considering the fact that labor market data is still solid, as reported by Reuters.

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