Gold Continues Rising as Dollar Weakens

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<p>The gold (XAU) price rose for the third consecutive trading session, gaining 0.58% and reaching a six-month high. Possible effects for traders The U.S. economy continues signalling a slowdown, increasing the chances for interest rate cuts and pulling down the U.S. Dollar Index (DXY). Market sentiment currently shows a 25% probability the Federal Reserve (Fed) [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/529288-gold-continues-rising-as-dollar-weakens/">Gold Continues Rising as Dollar Weakens</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>