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Gold Price Forecast: XAU/USD dips to 7-week low beneath $1,900 after FOMC minutes

As the minutes were released, the XAU/USD dropped sharply towards the S1 daily pivot point at $1,894.89 and bounced off that level. At the same time, US Treasury bond yields climbed with the 10-year benchmark note edging toward 4.246%, while the greenback hit a daily high of 103.457 before trimming some of its gains. Read […] The post Gold Price Forecast: XAU/USD dips to 7-week low beneath $1,900 after FOMC minutes appeared first on ForexTV... Read More
Posted: Aug 16 2023, 19:44
Author Name: forextv
Views: 022143

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