Gold Weekly Forecast: Buyers step away ahead of US-China talks, Fed meeting
Gold (XAU/USD) came under heavy bearish pressure after setting a new record-high slightly above $4,380 on Monday and snapped a nine-week winning streak.

Gold (XAU/USD) came under heavy bearish pressure after setting a new record-high slightly above $4,380 on Monday and snapped a nine-week winning streak.
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The EUR/USD went into this weekend near the 1.16265 ratio, this after touching the 1.16500 vicinity briefly on Friday in the aftermath of the U.S CPI numbers being released.
Stock markets in Asia and the USA have powered to new highs on lower than expected US inflation data and expectations of a US rate cut and trade deal with China coming this week.
After starting last week below 57.000 USD, WTI Crude Oil found itself above the 62.000 ratio on Friday before going into the weekend, and now day traders have suspicious speculative activity to contemplate.