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January 8, 2025

Gold Direction Influenced by Fed Minutes, Jobs Data and 50-Day MA

Gold prices maintain stability as traders await key US labor data and the Fed’s minutes. Currently, the focus is on the 50-day moving average for indications of either a breakout or continued sideways trend.

Market trends suggest that these economic indicators will significantly impact gold’s trajectory moving forward. Stay alert to these developments through Entreprenerdly.com for reliable market insights.

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