A rate cut may not be imminent, and attention should be paid to the breakout situation in this range of gold prices
The U.S. labor market remains strong, and a rate cut may not be imminent, as the market continues to lower expectations for a Federal Reserve rate cut in March. The yield on U.S. bonds has once again boosted and suppressed gold prices. Pay attention to this range break situation before the non-farm payroll report comes out.
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