GOLD PRICE FORECAST: XAU/USD BRACES FOR $2,050 ON SOFTER US DOLLAR, UNITED STATES DATA EYED...来自amking

06 Apr 2023, 12:46 · 阅读量 44

Gold price seesaws at YTD high, bulls cheer upside break of short-term key resistance of late.

US Dollar remains depressed amid firmer sentiment, threats to its reserve currency status and propels XAU/USD.

United States ISM Services PMI, ADP Employment Change eyed for fresh Gold price directions.

Gold price (XAU/USD) treads water at the highest levels in 11 months, making rounds to $2,020 early Wednesday, as the bullion traders await key United States statistics for clear directions. It’s worth noting that the broad US Dollar weakness allowed the XAU/USD to refresh the multi-day high the previous day.

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