Gold Price Clinging to Highs Under $2,000, Eyes on ECB

<div><img width="717" height="482" src="https://www.forexcrunch.com/wp-content/uploads/2021/08/Screenshot_1-27.png" class="type:primaryImage wp-post-image" alt="Gold price analysis" decoding="async" style="margin-bottom: 15px;" fetchpriority="high" srcset="https://www.forexcrunch.com/wp-content/uploads/2021/08/Screenshot_1-27.png 717w, https://www.forexcrunch.com/wp-content/uploads/2021/08/Screenshot_1-27-300×202.png 300w, https://www.forexcrunch.com/wp-content/uploads/2021/08/Screenshot_1-27-150×101.png 150w" sizes="(max-width: 717px) 100vw, 717px" /></div>
<p>The bias remains bullish despite minor retreats. A new higher high may activate further growth. Only a valid breakdown below the pivot point opens the door for a corrective phase. The gold price resumed its growth today, reaching the $1,990 level. The bias is bullish despite minor downside corrections. The XAU/USD returned higher even though…</p>
<p>The post <a rel="nofollow" href="https://www.forexcrunch.com/gold-price-clinging-to-highs-under-2000-eyes-on-ecb/">Gold Price Clinging to Highs Under $2,000, Eyes on ECB</a> appeared first on <a rel="nofollow" href="https://www.forexcrunch.com">Forex Crunch</a>.</p>