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Bullish sentiment has once again taken over gold, with retail investors maintaining a moderately bullish view for the third consecutive week.

latest Kitco News weekly gold survey shows that bullish sentiment on Wall Street gold has once again dominated, while retail investors have maintained a moderately bullish mainstream attitude for the third consecutive week. Rich Checkan, President and COO of Asset Strategies International, stated that there has been no fundamental change in the gold market to support the previous pullback, and it is clear that this is just a short-term correction. This is healthy, and the upward price trend should resume soon. Darin Newsom, senior market analyst at Barchart.com, said that with the Supreme Court rejecting Trump's tariff policy, he might be in a bad mood this weekend, which increases the likelihood of military action. Adrian Day, President of Adrian Day Asset Management, said it looks very likely that the low point after the end-of-January sell-off has been reached, and gold is clearly recovering. No one wants to sell before the weekend due to concerns that the US might take action against Iran, so if the situation does not escalate, gold may slightly retreat on Monday, but the short-term recovery trend is already very clear. (Jin10)

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