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XAU/USD – Price Analysis and Forecast: Current Geopolitical Risks Support the Dollar Rather Than Gold
Gold (XAU/USD) is showing a moderate
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Gold (XAU/USD) is showing a moderate intraday recovery after falling to $4,300, its lowest level in the past week and a half, earlier in the session. At present, prices have risen to $4,360. Nevertheless, upside potential remains limited, as traders will likely prefer to wait for the release of US consumer inflation data before opening directional positions.At the same time, data on the US Producer Price Index (PPI) released on Thursday strengthened expectations of higher interest rates from the Federal
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