Gold Forecast: XAU/USD Begins to Show Neutrality Around the $5,000 Level

From forex.com

Over the last five trading sessions, gold’s average daily fluctuations have been close to 3%, representing a notable reduction compared to previous weeks when daily moves exceeded 8%. At present, there is no clearly dominant direction, and indecision has become a relevant part of market behavior. This neutrality is partly explained by the lack of a strong recovery in safe-haven demand, while confidence indicators remain relatively stable. In addition, the market continues to monitor substitute assets such as U.S. Treasury bonds and the Federal Reserve’s monetary policy outlook. For now, the absence of meaningful ... (full story)