GOLD analysis for 07.02.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)Fundamental Analysis:In the foreign exchange market, the XAU/USD pair represents the value of Gold against the US Dollar. This commodity pair is influenced by global economic data, monetary policies, and geopolitical events that affect the US Dollar and the market sentiment towards gold. Key economic indicators such as inflation rates, labor market data, and changes in gross domestic product can sway the relative...