the selling pressure surrounding the usd remains intact on tuesday.
european stocks post strong gains.
coming up: factory orders from the u.s.
after closing the previous day with small gains, the xau/usd pair fluctuated in a tight range above the critical $1300 handle before gaining traction and advancing to a daily high of $1309 in the last hour. as of writing, the pair was trading at $1308, rising 0.35% on a daily basis


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