Gold (XAU/USD) has seen a decline of approximately 0.80% on Tuesday, trading at $4,193 after reaching a daily peak of $4,240. This retreat comes as traders capitalize on recent gains ahead of the Federal Reserve's upcoming monetary policy meeting, creating a cautious atmosphere in the market.
The strengthening US Dollar has further pressured the gold market, influencing the exchange rate dynamics. As investors prepare for potential shifts in Fed policy, the current movement in the gold market reflects broader sentiments among traders looking to secure profits amidst uncertainty.
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 20:45
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.