Gold Price Forecast: Searching for a Bottom - Levels for XAU/USD
Gold Price Forecast: Searching for a Bottom - Levels for XAU/USD Advertisement Gold Price Outlook: As global bond yields, but US rates in particular, continue to creep higher, gold prices remain beleaguered. Gold prices are nearing a key Fibonacci retracement for the period covering the 2015 low to the 2020 high. According to the IG Client Sentiment Index, gold prices have a mixed bias. Gold Prices Dig to New Lows Gold prices are mired in a slump that has seen its year-to-date performance dip into double-digit negative territory coming into this week. As global bond yields, but US rates in pa...
Source: dailyfx.com