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Gold Price Forecast: XAU/USD hovers around 200-day SMA, upside potential seems limited

Gold price gains some positive traction on Thursday, albeit lacks follow-through. A softer risk tone benefits the safe-haven XAU/USD amid subdued USD demand. Bets for more Fed rate hikes to act as a tailwind for the buck and cap the upside. Gold price … Read Full Story at source (may require registration) The post Gold Price Forecast: XAU/USD hovers around 200-day SMA, upside potential seems limited appeared first on ForexTV... Read More
Posted: Sep 7 2023, 02:59
Author Name: forextv
Views: 110235

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