Gold (XAU/USD) is facing downward pressure, trading defensively below the $4,100 mark as sustained buying of the US dollar (USD) takes its toll. After briefly touching the $4,110 area, the precious metal has retreated from its weekly high reached the previous day, reflecting shifts in market sentiment.
The ongoing strength in the USD is largely attributed to investor anticipation ahead of the upcoming US Non-Farm Payroll (NFP) report. As traders assess potential implications for monetary policy, gold's outlook remains uncertain, caught in the crosscurrents of currency fluctuations and economic data releases.
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: 2025-11-20 06:52
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.