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Gold Analysis: XAU/USD Remains Neutral After the NFP Release
Over the past four trading sessions, gold (XAU/USD) has shown a variation of just over 1.00%, reflecting a decline in average daily volatility and resulting in a steady neutral bias in the short term. For now, the sense of indecision has become more evident as market expectations shift regarding the Federal Reserve’s monetary policy following the recent release of U.S. employment data. At the same time, demand for gold from central banks remains solid. This combination of monetary policy uncertainty and consistent central bank demand appears to be driving this prolonged neutrality in gold prices. If this dynamic ... (full story)