ONTRADE Forex

Gold Price Forecast: XAU/USD looks to 100-day SMA support and Powell’s Jackson Hole speech

Gold Price Forecast: XAU/USD looks to 100-day SMA support and Powell’s Jackson Hole speech
Gold is looking to extend the previous decline early Friday after Thursday’s late rebound lost traction. All eyes now turn to US Federal Reserve (Fed) Chair Jerome Powell’s speech at the Jackson Hole Economic Symposium.

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