Gold is stable and tends to decrease
XAUUSD The bullish bias of the gold price is diminishing as full markets resume after a long weekend in the United States. XAU/USD buyers are experiencing mixed sentiment due to uncertainty regarding China and the Federal Reserve.
The calendar will be adorned with important events such as the release of China Caixin Services PMI and US Factory Orders.
Additional catalysts for market movement could come from updates on Sino-American relations and potential stimulus measures from Beijing.
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