Gold (XAU/USD) reversed some of its earlier declines on Tuesday, buoyed by strong expectations that the Federal Reserve will announce interest rate cuts at its upcoming policy meeting. As traders anticipate a shift in monetary policy, the precious metal's exchange rate has gained traction, reflecting a broader shift in market sentiment as investors seek safe-haven assets.
The prospect of lower interest rates typically enhances the appeal of non-yielding assets like gold, which tends to benefit in environments of reduced borrowing costs. This dynamic has led to a tightening of trading ranges, with gold finding support around key technical levels as market participants adjust their positions in response to Fed signals and the evolving economic landscape.
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: 2025-12-02 15:46
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.