ONTRADE Forex

Gold Price Forecast: XAU/USD back below $4,100 amid resurgent USD demand

Gold Price Forecast: XAU/USD back below ,100 amid resurgent USD demand
Risk aversion dominates financial markets in the American session on Wednesday, resulting in a much firmer US Dollar (USD) across the FX board. In the case of XAU/USD, demand for safety benefits both Gold and the Greenback, keeping the pair afloat, though off its intraday high of $4,132.

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