Gold Price Forecast: XAU/USD may drop to support near low $1,900s – TDS

📆 5/29/2023 5:59 PM
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Gold Price Forecast: XAU/USD may drop to support near low $1,900s – TDS Gold XAUUSD Inflation Fed Banks

Fed could hike more than the market has priced

“Notwithstanding our longer term positive Gold view, the short run represents downside risk, if the economy stays firm.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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Gold Technical Analysis: Gold\u2019s Trend is Still BearishBy the end of last week\u0027s trading, the XAU/USD gold price retreated from its session high at around $1957 an ounce, to trade at around $1937
Source: Daily_Forex - 🏆 567. / 51 Read more »