Gold Price Correction: What to Expect Before US NFP Release
Friday, 5 April 2024, 03:16
Gold Price Correction Overview
Gold price (XAU/USD) is undergoing a correction, following a brief retreat from its all-time high.
Asian Session Decline
In the Asian trading session, gold continues to move downwards amid profit-taking by investors.
Market sentiment suggests a limited downside potential, bolstering expectations for a stabilization of prices ahead of the US NFP data release.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.