Gold Price Forecast: XAU/USD fails at $3,440 and approaches $3,400 support
- Gold prices decline amid lower demand for safe-haven assets.
- Ebbing concerns about escalating tensions in the Middle East have brought risk appetite back to the market.
- XAU/USD maintains its bullish trend intact while above $3,400.
Gold (XAU/USD) is correcting lower after rejection at the $3,440 resistance area on Friday.
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