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January 8, 2025

Gold Prices Set for Potential Breakout Ahead

Gold prices appear to be on the verge of a breakout as the XAU/USD pair maintains its position within December’s trading range. Technical charts indicate critical battle lines approaching the end of the week, with key economic indicators like the U.S. Non-Farm Payrolls report on the horizon. Market participants are evaluating signals that could determine the direction of gold prices in the near term. Preparedness and close observation are essential as factors unfold.

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