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Gold Price Forecast: XAU/USD returns above 20-day EMA as Fed dovish bets soar
Gold price (XAU/USD) clings to gains near Friday’s high around $3,350 during the European trading session on Monday. The precious metal trades firmly as cooling labor market conditions have forced traders to raise bets supporting interest rate cuts by the Federal Reserve (Fed) in the September meeting. Lower interest rates by the Fed bode well for non-yielding assets, such as Gold. Meanwhile, 10-year US Treasury yields trade vulnerably near almost three-month low around 4.20%. The US NFP report showed on Friday that the economy added 73K fresh workers, significantly lower than estimates of 110K. Also, employment ... (full story)
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From zawya.com|Aug 4, 2025Copper prices rose 1% on Monday on supply fears after a fatal mining collapse in Chile, the world's biggest producer, but gains were capped by concerns over the global economy. ...
From @realDonaldTrump|Aug 4, 2025|43 comments
Last weeks Job’s Report was RIGGED, just like the numbers prior to the Presidential Election were Rigged. That’s why, in both cases, there was massive, record setting revisions, in favor of the Radical Left Democrats. Those big adjustments were made to cover up, and level out, the FAKE political numbers that were CONCOCTED in order to make a great Republican Success look less stellar!!! I will pick an exceptional replacement. Thank you for your attention to this matter. MAGA!
From gold.org|Aug 4, 2025Trade deals and tariffs, coupled with weak US labour market data, dominated sentiment last week, while both the Fed and Bank of Japan held rates steady as they monitor the impact ...
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From @realDonaldTrump|Aug 4, 2025|77 commentsIndia is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits. They don’t care how many people in Ukraine are being killed by the Russian War Machine. Because of this, I will be substantially raising the Tariff paid by India to the USA. Thank you for your attention to this matter!!! President DJT
From channelnewsasia.com|Aug 4, 2025Japan's Mitsubishi Materials is considering scaling back copper concentrate processing at its Onahama Smelter & Refinery as falling treatment and processing charges (TC/RCs) weigh ...
From youtube.com/realvisionfinance|Aug 4, 2025Steno Research founder and CEO Andreas Steno and his co-host, Mikkel Rosenvold, partner and head of geopolitics for Steno Research, are back to break down the latest news driving ...
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- Aug 4, 2025 9:06am Posted byTechnical Analysis248
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- From dailyforex.com|Aug 4, 2025