Gold Price Holds Above $4,400 As Upside Pressure Continues: XAU/USD Forecast
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Gold Forecast: XAU/USD bulls take a breather before the next push higher
Gold is retreating after hitting three-day highs just below $4,450 early Tuesday, and is flirting with $4,400 as of writing. Gold awaits Wednesday’s FOMC Minutes Gold bulls take a breather following two consecutive days of gains, assessing the impact of the truce lapse between the United States (US) and Iran on Oil prices and US Treasury bond yields. US President Donald Trump said on Monday that he is not interested in renewing the expiring agre…
Gold Price Holds Above $4,400 As Upside Pressure Continues: XAU/USD Forecast
BitcoinWorld Gold Price Holds Above $4,400 as Upside Pressure Continues: XAU/USD Forecast Gold (XAU/USD) maintains its upward bias, trading above the $4,400 mark as of this analysis, with buyers retaining control amid a supportive macroeconomic backdrop. Why is Gold Holding Above $4,400? The precious metal’s resilience above $4,400 stems from a combination of persistent safe-haven demand, ongoing central bank purchases, and expectations of furt…
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