• January 4, 2024
  • Market News
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Gold Price Forecast: XAU/USD Tanks as Traders Eye Reversal, US Jobs Data Next

This article focuses on the near-term outlook for gold prices, analyzing important technical levels worth watching in the coming days ahead of the U.S. nonfarm payrolls report.

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AUD/USD IG Client Sentiment: Our data shows traders are now net-long AUD/USD for the first time since Dec 19, 2023 when AUD/USD traded near 0.67.

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EUR/USD IG Client Sentiment: Our data shows traders are now net-long EUR/USD for the first time since Dec 13, 2023 when EUR/USD traded near 1.09.

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