Gold Prices Struggle to Maintain Levels Above 2900 As NFP Approaches
Gold prices are facing downward pressure, trading with a slight negative bias as they remain above the 2900 level for the second consecutive day. Despite the lack of significant selling pressure, the market remains confined within a multi-day trading range. According to Entreprenerdly.com, the current downtick is influenced by repositioning trades ahead of the highly anticipated US Nonfarm Payrolls report.
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