Gold Price Forecast: XAU/USD tumbles to near $1,850 as DXY rebounds, US PPI eyed

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gold Price Forecast: XAU/USD bears firming at critical 38.2% Fibo daily resistanceAt the time of writing, the gold price is some 0.8% higher and correcting from daily support located in the lows of the day at $1,832.07. At $1,853.40
Source: FXStreetNews - 🏆 14. / 72 Read more »

Gold Price Analysis: XAU/USD consolidates in $1,860 area ahead of Fed speak onslaughtBroader market risk appetite remains mixed and indecisive in the hours prior to the start of the US session, after a resoundingly risk-off Monday. For
Source: FXStreetNews - 🏆 14. / 72 Read more »

Gold Price Forecast: XAU/USD freezes around $1,850 on strong US CPI, DXY stable above 104.00Gold Price Forecast: XAU/USD freezes around $1,850 on strong US CPI, DXY stable above 104.00 By Sagar_Dua24 Gold XAUUSD DollarIndex Fed Inflation Sagar_Dua24 CPI wasn’t strong less than last month so what the fuss ?
Source: FXStreetNews - 🏆 14. / 72 Read more »

Gold Price Forecast: XAU/USD bears taking on critical daily supportThe gold price continues to deteriorate despite some relief in the US dollar's advance. At the time of writing, XAU/USD is down some 0.46% at $1,845 w
Source: FXStreetNews - 🏆 14. / 72 Read more »

Gold Price Forecast: XAU/USD rebounds towards $1,850 as DXY eases ahead of US inflationGold (XAU/USD) prices recover from the lowest since February as markets brace for the all-important US inflation data during early Wednesday. The meta
Source: FXStreetNews - 🏆 14. / 72 Read more »

Gold Technical Forecast: Gold Price Plunge Targets Final SupportGold prices are poised to mark a fourth consecutive weekly decline with XAU/USD more than 2% since the start of the week. The decline is now testing key support targets--we’re on the lookout for a possible exhaustion low in the weeks ahead.
Source: DailyFX - 🏆 305. / 63 Read more »