XAU/USD: Gold Steadies Near $2,400 Barrier
Gold regained traction after a $100 per ounce pullback from new record high last week and pressuring again psychological $2400 barrier. Overall sentiment remains positive as geopolitical tensions and fears that the conflict in the Middle East can escalate, continue to fuel safe-haven demand and offset pressure on metal’s price from higher dollar. Recent pullback, […] The post XAU/USD: Gold Steadies Near $2,400 Barrier appeared first on Action Forex.
Gold regained traction after a $100 per ounce pullback from new record high last week and pressuring again psychological $2400 barrier. Overall sentiment remains positive as geopolitical tensions and fears that the conflict in the Middle East can escalate, continue to fuel safe-haven demand and offset pressure on metal’s price from higher dollar. Recent pullback, […]
The post XAU/USD: Gold Steadies Near $2,400 Barrier appeared first on Action Forex.
