Daily Market Report
➢ Gold edges lower as the USD holds recent gains ahead of the US NFP report
➢ XAU/USD pulls back from record highs amid profit-taking after a strong 2025 rally
➢ Stronger US Dollar limits gold upside despite supportive macro conditions
➢ Dovish Fed expectations cap further USD gains and cushion gold downside
➢ Markets await Nonfarm Payrolls (NFP) for clarity on the Fed’s rate-cut path
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