0322 GMT — Gold falls in the morning Asian session, after trading steadily earlier, amid mild strength in USD, which typically has an inverse correlation with the precious metal. Also, market participants expect the Fed to keep rates at a high level for longer, despite a potential rate-increase pause in June, says Tina Teng, markets analyst at CMC Markets, in an email. This has pushed down gold, which has retreated from a double-top pattern on the technical charts, Teng adds. Spot gold is down 0.4% at $1,961.09/oz. (ronnie.harui@wsj.com)
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