The bias is bullish as the USD depreciates versus its rivals. Taking out the 150% line activates more gains ahead. Only a bearish pattern could signal a new sell-off. The gold price continued its upward trend, buoyed by the Dollar Index’s recent decline. The depreciation of the USD has provided impetus for XAU/USD buyers to…
The post Gold Price near $2,000 as Greenback Stays Red After CPI appeared first on Forex Crunch.
Source: https://www.forexcrunch.com/gold-price-near-2000-as-greenback-stays-red-after-cpi/
