Gold Lacks Bullish Momentum

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<p>Gold (XAU) declined on Friday, losing initial gains XAUUSD got on the back of the weakening U.S. dollar. Possible effects for traders Economic data indicating a slowing U.S. economy brought the U.S. dollar to its lowest point in nearly a month as the chances of additional rate hikes by the Federal Reserve decreased. &#8216;Data indicating [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/528144-gold-lacks-bullish-momentum/">Gold Lacks Bullish Momentum</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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