Gold price (XAU/USD) faces challenges in capitalizing on the modest gains from the previous day and trades within a narrow range, below the psychological level of $2,000 in the first half of the European trading session. Investors appear hesitant to commit to a positive direction, seeking clearer insights into the Federal Reserve's (Fed) interest rate trajectory. The hawkish tone in the FOMC minutes released on Tuesday added to the uncertainty. Furthermore, optimistic data on the U.S. labor …
Gold Faces Challenges Amid Rate Hike Uncertainty for FOREXCOM:XAUUSD by
Gold price (XAU/USD) faces challenges in capitalizing on the modest gains from the previous day and trades within a narrow range, below the psychological level of $2,000 in the first half of the European trading session. Investors appear hesitant to commit to a positive direction, seeking clearer insights into the Federal Reserve's (Fed) interest rate…
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