Gold Price Forecast: XAU/USD eyes $2,236 and US JOLTs data as corrective mode sets in
Gold price is in the red zone near $2,250 early Tuesday, consolidating the corrective move lower from the record high of $2,266 set on Monday.
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Gold price is in the red zone near $2,250 early Tuesday, consolidating the corrective move lower from the record high of $2,266 set on Monday.
The USD/CAD pair attracts some buyers for the second straight day on Tuesday and looks to build on the overnight bounce from the 1.3515 region, or over a one-week low.
Gold price (XAU/USD) oscillates in a range during the Asian session on Tuesday and consolidates its gains registered over the past five days to the all-time peak, around the $2,265-2,266 area touched the previous day.
Oil prices continued to climb on Tuesday morning, with Brent nearing the $90 mark as geopolitical risk and supply issues boosted bullish sentiment.
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