Gold (XAU/USD) commenced the week with limited movement, currently trading around $4,205 as traders adopt a cautious stance ahead of the Federal Reserve’s interest rate decision set for Wednesday. The precious metal remains in a consolidation phase, holding steady within its one-week trading range, as market participants await clearer direction.
The strengthening US Dollar and rising Treasury yields are contributing to gold's subdued performance. With the Fed’s anticipated decision looming, fluctuations in the currency pair could significantly influence trading strategies, particularly for investors looking to navigate the evolving dynamics of the forex market. As prices stabilize, market sentiment remains closely tied to upcoming economic indicators and policy announcements.
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Data Source: FX Killer Analysis Team Updated: 2025-12-08 14:22
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.