Tuesday, 18 May 2021

Gold Price Forecast: XAU/USD Bid on Weak Dollar, Softer Yields

Gold price action (XAU/USD) added to its string of gains on Tuesday. US Dollar weakness and lower real yields have helped propel the precious metal higher, but can gold bulls maintain the bid?

from DailyFX - Market News https://ift.tt/3ouPT72
via IFTTT
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...