Gold Price Analysis: Key Insights for Next Week Trading DecisionWelcome back, everyone!
XAU/USD dipped on Friday, falling to the $2,635 zone as market sentiment shifts in the new year. Federal Reserve's Tom Barkin noted lower interest rates in 2024, easing inflation and unemployment, which could ease pressure on the US Dollar—potentially supporting gold prices.
With a busy week of high-impact events, the gold market is at a critical juncture. In this video, I discuss key technical levels and fundamental factors shaping the market, along with actionable trading ideas for the upcoming week.
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Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
