Gold Weekly Forecast: Rally Pauses Ahead of Fed Easing

Gold price analysis

Gold weekly forecast turns slightly bearish after sharp profit-taking.  A stronger dollar kept the gold under pressure, with a medium-term uptrend. Traders look ahead to initial jobless claims, Chicago PMI, remarks from FOMC members, and the Fed’s rate cut decisions for further policy cues.  The gold weekly forecast witnessed volatility this week as investors took…

The post Gold Weekly Forecast: Rally Pauses Ahead of Fed Easing appeared first on Forex Crunch.

Similar Posts