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Gold (XAU/USD) enters a bearish consolidation phase after touching an over one-week low during the Asian session on Wednesday, though it manages to hold above the $4,000 psychological mark. A softer tone surrounding the US Dollar (USD) offers some support to the precious metal.
![[Aggregator] Downloaded image for imported item #36020 Gold consolidates near two-week low, holds above $4,000 as traders await FOMC decision](https://forbesmrkt.com/wp-content/uploads/2026/07/discover-42-1160x653.jpg)