Hi trader, Maria would like to share opinion: XAU/USD
Traders are currently showing hesitancy in making bold predictions about the price of Gold and instead prefer to wait for new indications regarding the future rate-hike trajectory of the Federal Reserve (Fed). According to the United States (US) Nonfarm Payrolls (NFP) report released on Friday, wage growth in September remained moderate, alleviating concerns about inflation. This, combined with recent cautious comments made by various Fed officials, strengthens the likelihood of a potential change in the central bank's policy position.
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