Gold (XAU/USD) remains stable on Thursday, trading within a narrow range of $4,160 to $4,260 as market participants adopt a cautious stance ahead of the upcoming Federal Reserve monetary policy meeting. As expectations mount regarding potential interest rate cuts, investors are closely monitoring developments that could impact the precious metal's appeal and the broader USD exchange rate.
This consolidation phase reflects a broader uncertainty in the markets, as traders weigh the implications of Fed policy shifts on gold's attractiveness as a safe-haven asset. With the trading range firmly established, a breakout in either direction could signal significant trends in both gold prices and currency pair dynamics, particularly against the EUR and other major currencies.
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Data Source: FX Killer Analysis Team Updated: 2025-12-04 14:20
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.