Gold Forecast: XAU/USD Undecided Ahead Of US Inflation Figures

The price of gold is moving sideways, so we’ll have to wait for it to escape from this pattern before taking action. Technically, the yellow metal is still under some upside pressure after leaving down channel pattern. Making a valid breakout through the weekly R1 could activate larger growth.  Gold forecast – The price of … The post Gold Forecast: XAU/USD Undecided Ahead Of US Inflation Figures appeared first on Forex Crunch.

Gold Forecast: XAU/USD Undecided Ahead Of US Inflation
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The price of gold is moving sideways, so we’ll have to wait for it to escape from this pattern before taking action. Technically, the yellow metal is still under some upside pressure after leaving down channel pattern. Making a valid breakout through the weekly R1 could activate larger growth.  Gold forecast – The price of … The post Gold Forecast: XAU/USD Undecided Ahead Of US Inflation Figures appeared first on Forex Crunch.