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#XAU/USD#The heading indicates that the price of gold has once again encountered selling pressure as it rises above $2,703.150, just ahead of the upcoming U.S. Consumer Price Index (CPI) release. This suggests that market participants may be cautious, anticipating how the CPI data could impact future economic decisions, such as interest rate hikes, which typically influence gold prices. Higher inflation could drive demand for gold as a hedge, while lower inflation might reduce the need for safe

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