Gold Corrects Slightly But Remains in Uptrend

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<p>The gold (XAU) price dropped by 0.43% on Wednesday after higher-than-expected Michigan Consumer Sentiment Index figures. Possible effects for traders A technical rise of the U.S. Dollar Index (DXY) and the proximity of a 2,000 resistance level prompted some traders to close their long positions in XAUUSD. However, expectations that the U.S. Federal Reserve (Fed) [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/528673-gold-corrects-slightly-but-remains-in-uptrend/">Gold Corrects Slightly But Remains in Uptrend</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>