XAU/USD: Gold Tests $2000 Barrier Again But Continues to Face Strong Headwinds Here

Gold remains steady and moving around $2000 barrier which was repeatedly cracked on Friday. Steep recovery after a text-book correction extends into third straight day, keeping the yellow metal on track for the fourth consecutive weekly gain. The overall environment is increasingly supportive for gold, as rising bets for a pause in Fed’s policy tightening […] The post XAU/USD: Gold Tests $2000 Barrier Again But Continues to Face Strong Headwinds Here appeared first on Action Forex.

XAU/USD: Gold Tests $2000 Barrier Again But Continues to Face Strong Headwinds Here

Gold remains steady and moving around $2000 barrier which was repeatedly cracked on Friday. Steep recovery after a text-book correction extends into third straight day, keeping the yellow metal on track for the fourth consecutive weekly gain. The overall environment is increasingly supportive for gold, as rising bets for a pause in Fed’s policy tightening […]

The post XAU/USD: Gold Tests $2000 Barrier Again But Continues to Face Strong Headwinds Here appeared first on Action Forex.