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Gold looks to extend breakout above $1,900 on dollar softness

Gold looks to extend breakout above $1,900 on dollar softness

The dollar is starting to lose further ground on the day and we are seeing gold buyers take advantage of that, searching for a firm break above $1,900 after yesterday's upside push. It has been a stellar start to the new year for gold and the typical seasonal tailwind from December to January ahead of the Lunar New Year is also a contributing factor.

The January gold trade has been one that has delivered timelessly... Read More

Posted: Jan 13 2023, 08:52
Author Name: forexlive
Views: 111616

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