Gold Prices Struggle to Capitalize on Gains Near $2,300
Gold (XAU/USD) is finding it challenging to build on Tuesday's gains from the $2,300 mark, fluctuating within a narrow range during the European session on Wednesday.
The precious metal remains confined within its familiar trading range, which has persisted for over a week and a half. Traders are eagerly awaiting clarity on when the Federal Reserve (Fed) might begin cutting interest rates before making new directional bets.
The precious metal remains confined within its familiar trading range, which has persisted for over a week and a half. Traders are eagerly awaiting clarity on when the Federal Reserve (Fed) might begin cutting interest rates before making new directional bets.
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