Gold Price Struggling to Rebound, Eyes on US Inflation

<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" style="margin-bottom: 15px;" decoding="async" 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>XAU/USD seems determined to return higher as long as it stays above the lower median line. The US inflation data should bring sharp movements tomorrow. Only a new lower low invalidates a larger growth. The gold price is trading in the green at $2,034 at the time of writing. The metal seems determined to hit…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/10/gold-price-struggling-to-rebound-eyes-on-us-inflation/">Gold Price Struggling to Rebound, Eyes on US Inflation</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *