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Gold Price Forecast: XAU/USD closes below the 200-day SMA beneath $1,900

XAU/USD dropped towards the $1,890 area, its lowest since March 13. A stronger USD and higher US yields are responsible for the metal’s downward trajectory. On Thursday, the XAU/USD gold spot price traded below $1,900 and faced renewed selling pressure amid stronger USD and higher US treasury bond yields. Read Full Story at source (may […] The post Gold Price Forecast: XAU/USD closes below the 200-day SMA beneath $1,900 appeared first on ForexTV... Read More
Posted: Aug 17 2023, 22:44
Author Name: forextv
Views: 102252

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