ONTRADE Forex

Gold Price Forecast: Downside risks remain intact for XAU/USD amid a Bear Cross

Gold Price Forecast: Downside risks remain intact for XAU/USD amid a Bear Cross
Gold returns to the red in Asia on Friday, following a temporary short-covering rally above $4,200 seen a day ago. The bright metal is set to book a second consecutive weekly loss, having tested the year-to-date (YTD) lows near the $4,000 threshold earlier in the week.

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