Gold (XAU/USD) is experiencing modest intraday losses during the Asian session on Monday, trading just below the $4,050 mark. The precious metal is currently down 0.50% for the day, reflecting a lack of strong selling pressure despite a softer USD and ongoing expectations for potential Federal Reserve rate cuts.
Market dynamics suggest that gold bulls are resilient, as they continue to shrug off the weaker dollar. The current trading environment indicates that while the exchange rate remains under pressure, the absence of significant follow-through selling could signal cautious optimism among investors as they navigate shifting economic indicators and monetary policy expectations.
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Data Source: FX Killer Analysis Team Updated: 2025-11-24 06:30
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.