Gold: Preparing for Breakout or Reversal? Dollar Will Decide

<p><img width="508" height="338" src="https://www.actionforex.com/wp-content/uploads/2018/03/f-gold4.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>Gold lost 0.8% on Tuesday to $2037 due to the impact of a rising dollar after policymakers in Davos flagged overly optimistic expectations for an interest rate easing cycle. Commentators are trying to find a link between hawkish comments from eurozone (not US) policymakers and the rise of the dollar. But we tend to see […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/535564-gold-preparing-for-breakout-or-reversal-dollar-will-decide/">Gold: Preparing for Breakout or Reversal? Dollar Will Decide</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>