Gold (XAU/USD) has remained relatively flat, trading just above the $4,200 mark as it seeks direction ahead of the US PCE Price Index release. After a brief bounce from the $4,175 level, which aligns with this week's low, the precious metal is caught in a tight trading range during the Asian session on Friday, reflecting market uncertainty.
Traders are closely monitoring the upcoming PCE data for potential market-moving insights, as this index could influence the USD's strength and affect broader currency pairs. The current levels suggest that gold is in a consolidation phase, and any significant deviation from the $4,200 mark may prompt further volatility in both gold and related forex exchanges.
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Data Source: FX Killer Analysis Team Updated: 2025-12-05 05:19
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.