✨ XAU/USD Gold Update; touching near 4,150! ✨ Supported by expectations that the Fed might cut rates soon 👀💛 📈 Gold is moving up around 4,140 – 4,150 this Tuesday morning in Asia. 📊 Market now sees 79% chance the Fed will cut rates in December (CME FedWatch). 🗓️ Data to watch today: ADP Jobs, Retail Sales, PPI. 🔸 Market Vibes ✨Gold is getting some buying power back ✨ because many Fed members (like Waller & Daly) are hinting that rate cuts might be coming, since the US job market is cooling down a bit 😮‍💨📉 ✨Lower interest rates = lower holding costs for gold → which usually pushes gold up 💛📈 ✨Right now the market is almost 80% sure the Fed will cut 0.25% next meeting a big jump from only 30% earlier 👀🔥 🔸 What to keep an eye on 📂 US PPI (expected +0.3% MoM) 🛍️ Retail Sales (expected +0.4% MoM) If the numbers come out stronger than expected 📈 👉 USD might get stronger 👉 which can push gold down again 💥🪙