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GOLD: Intraday Analysis & Forecast

(Morning Analysis) Gold steadied above $2,060 an ounce on Wednesday after facing renewed pressure in the previous session, as investors look forward to the latest Federal Reserve policy meeting minutes for clues on the path for monetary policy.

On Tuesday, the metal retreated from intraday highs to end 0.2% lower amid a rebound in the dollar and Treasury yields, with traders scaling back bets on the scale of interest rate cuts from major central banks this year.

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