Gold acts too impulsive. Forecast as of 18.03.2021
It would seem that the strong dollar and growing US Treasury yields should have forced the XAUUSD bulls to give in, but they continue to resist. The question arises, for how long? Let us discuss the Forex outlook and make up a gold trading plan.
Fundamental gold forecast for a week
Looking at how strong gold was ahead of the FOMC meeting against the backdrop of growing US Treasury yields and the US dollar's strengthening, I caught myself thinking that the precious metal was waiting for the Fed's verdict. As a result, the gold price soared to a 2-week high, but the EURUSD bulls'... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/QQqr
