$XAU $PAXG Gold prices fluctuated at high levels yesterday, briefly falling to around $4272 before quickly rebounding to $4335, ultimately closing at $4302, essentially unchanged. This volatility was not accidental, but rather influenced by multiple factors including US employment data, geopolitical tensions, and expectations regarding Federal Reserve policy. Data showed that US job growth rebounded in November, but the unemployment rate unexpectedly rose to a four-year high of 4.6%. This not only strengthened market expectations for further Fed rate cuts but also pushed the dollar index to a two-month low, making gold more attractive to overseas buyers. Meanwhile, the latest developments in the Russia-Ukraine conflict provided potential safe-haven support for gold. Investors are closely watching the upcoming CPI and PCE data, as well as speeches by Fed officials, which will collectively shape gold's short-term trend. In early Asian trading on Wednesday (December 17), gold prices fluctuated upwards and are currently trading around $4320. #XAUUSD❤️