XAU/USD Price forecast: Gold remains depressed above $4,000

Spot Gold trades in the $4,030 price zone, little changed from Friday’s close, yet down on Monday after starting the week with a bullish gap. The US Dollar (USD) eased throughout the first half of the day, as easing Middle East tensions caused Oil prices to fall.

XAU/USD Price forecast: Gold remains depressed above $4,000
Spot Gold trades in the $4,030 price zone, little changed from Friday’s close, yet down on Monday after starting the week with a bullish gap. The US Dollar (USD) eased throughout the first half of the day, as easing Middle East tensions caused Oil prices to fall.

Share

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0