Gold Fundamental Forecast: US Dollar Weighs on Gold. Will US Retail Sales Alter Course? - DailyFX
5/14/2022 12:00:00 AM2 years 11 months ago
by Thomas Westwater
by Thomas Westwater
Gold fell last week as traders moved out of risk assets, boosting the US Dollar to its strongest level since December 2002. The yellow metal faces a tough path if Greenback strength persists.
Gold Fundamental Forecast: Bearish
- Gold prices fell last week amid a broad risk-off market move
- US retail sales data will headline the economic docket this week
- XAU directi… [+1760 chars] full article...