Gold Price Forecast: Weak US Data, US Dollar Spurring Rebound
Gold prices have rebounded from rising channel support – as well as the descending trendline from the all-time high.
Source: dailyfx.com
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Gold prices have rebounded from rising channel support – as well as the descending trendline from the all-time high.
Crude oil prices set a fresh 2022 high today, keeping intact the bullish technical argument.
Gold prices remain elevated as volatility across a variety of asset classes sustains its push higher.
Crude oil prices have tagged a seven-year high and still appear to have more upside ahead.
Gold prices have rallied sharply, seemingly disconnecting from US yields and the US Dollar.