Analysts: Gold prices may experience short-term correction "
Online reported, StoneX analyst Fawad Razaqzada: The outlook for gold has dimmed due to improving risk sentiment and the possibility of a stronger dollar. Friday's stronger-than-expected U.S. jobs report encouraged markets to bet on a stronger dollar, further undermining gold's safe-haven appeal. There is a possibility of a short-term correction in gold prices. However, he added that technical trading indicators remained bullish and had potential to rise again.
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