Gold Price Forecast: XAU/USD points to downside, seen around $1,685 in 2022 – Citibank
Gold might well be more supported this winter than previously forecast, but the ‘pain trade’
Financial and Business News
Gold might well be more supported this winter than previously forecast, but the ‘pain trade’
A combination of factors assisted gold to regain positive traction on Wednesday. Expectations for early
Gold has cleared key resistance from the July and August highs and downtrend from August
XAU/EUR’s nine-day rally has gained almost 9% in the last couple of weeks. XAU/EUR: Fed
The strong US inflation print has catalyzed a meaningful breakout in gold prices. Strategists at
TD Securities Head of Global Strategy Bart Melek expresses his afterthoughts on the US Nonfarm
The BOE disappointed investors right after the Fed delivered as planned. US indexes are poised
Gold stays sidelined and beneath the July and August highs and downtrend from August 2020
Gold struggles to extend Monday’s rebound near short-term resistance line. Market sentiment dwindles ahead of
Gold gained some positive traction on Monday and moved away from over one-week lows. Worries