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Gold Price Falls Below $2,000 Amid Strong Dollar,Economic Data

Gold Price Falls Below $2,000 Amid Strong Dollar,Economic Data
A bullish pattern should announce a new rebound. The US retail sales data and the Canadian CPI pushed the XAU/USD toward new lows. $1,977 stands as a key support level. The gold price dropped to $1,987 per ounce on Wednesday amid a stronger US dollar and positive economic data from the US and Canada. The … Continued The post Gold Price Falls Below $2,000 Amid Strong Dollar,Economic Data appeared first on Forex Crunch... Read More
Posted: May 17 2023, 09:17
Author Name: forexcrunch
Views: 110888

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