Gold (XAU/USD) has seen a significant rebound, rising nearly 2.4% on Monday as geopolitical tensions escalate following the recent US intervention in Venezuela. The exchange rate for gold reached $4,435, approaching a critical resistance level around $4,445. This surge in price reflects traders' heightened demand for safe-haven assets amid market uncertainty.
As the situation unfolds, the implications for the USD and broader forex market could be profound. A sustained increase in gold prices often indicates a shift in investor sentiment, potentially impacting trading activity in other currency pairs, including the EUR/USD. Market participants will closely monitor geopolitical developments, as they may drive further volatility in gold and related markets.
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Data Source: FX Killer Analysis Team Updated: 2026-01-05 11:42
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.