Gold prices experienced a slight decline yesterday, reflecting ongoing uncertainties surrounding the timing of US economic data releases that were postponed due to the government shutdown. Commerzbank's Head of FX and Commodity Research, Thu Lan Nguyen, emphasized that the ambiguity around potential US interest rate cuts continues to impact the market.
As traders navigate this landscape, the gold market remains sensitive to fluctuations in the USD. With the EUR/USD exchange rate hovering around key technical levels, the interplay between these major currencies could further influence gold's trajectory. Market participants are keenly monitoring upcoming economic indicators that may provide clarity and potentially shift trading strategies.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2025-11-14 13:29
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.