Financial Trading
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As in yesterday's report, the main focus out of the US this week will be the Jobless Claims data on Thursday.
There has been a shift in market sentiment over the past day. A decline in US bond yields has weighed on the USD and allowed risk appetite to improve. However, key barriers to the continuation of the improvement lie ahead.
As the US banking crisis has soured risk appetite, and the Federal Reserve has turned more dovish, this leaves gold primed to retest the highs.
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