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XAUUSD is moderating lower, paring some of its gains from this past Friday's (May 23rd) surge. Here's what to look out for this week that could trigger major gold price action.
Spot gold has been resisted at its 200-day SMA recently, and has printed an "inside bar". The incoming US retail sales data could inject more immediate volatility, even as the Middle East conflict continues reverberating across markets.
If markets had learnt anything this week, it’s that the Fed has got more rate hikes in store as the US central bank battles against inflation that’s at a 40-year high.
XAUUSD is moderating lower, paring some of its gains from this past Friday's (May 23rd) surge. Here's what to look out for this week that could trigge...
XAUUSD
Gold
Trump
Fed speak
PCE
FOMC
Federal Reserve
Spot gold has been resisted at its 200-day SMA recently, and has printed an "inside bar". The incoming US retail sales data could inject more immediat...
XAUUSD
Gold
retail sales
Fed rate hikes
Middle East
Spot gold is currently trading below the psychologically-important $1700 level, and is on course towards revisiting the lows seen in mid-June.
...
Gold
XAUUSD
Federal Reserve
Fed rate hikes
US Dollar
DXY
Treasury yields
inflation
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