ONTRADE Forex

Gold Weekly Forecast: Geopolitics, US inflation data to trigger next directional movement

Gold Weekly Forecast: Geopolitics, US inflation data to trigger next directional movement
After losing more than 4% in the last week of the year, Gold (XAU/USD) gathered bullish momentum as trading conditions normalized. Although XAU/USD entered a consolidation phase following the rally seen earlier in the week, it managed to register weekly gains.

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