XAU/USD: Gold Hits Multi-month High after Dovish Fed

Gold continues to shine and hit the highest since mid-April on Thursday, in extension of the rally on Wednesday, sparked by dovish Fed. Investors entered fresh gold longs, as dollar became less popular after the US central bank announced widely expected 25 basis points hike, but the markets took the latest decision as signal that […] The post XAU/USD: Gold Hits Multi-month High after Dovish Fed appeared first on Action Forex.

XAU/USD: Gold Hits Multi-month High after Dovish Fed

Gold continues to shine and hit the highest since mid-April on Thursday, in extension of the rally on Wednesday, sparked by dovish Fed. Investors entered fresh gold longs, as dollar became less popular after the US central bank announced widely expected 25 basis points hike, but the markets took the latest decision as signal that […]

The post XAU/USD: Gold Hits Multi-month High after Dovish Fed appeared first on Action Forex.