Gold (XAU/USD) Rises on Lower Yields, Softer USD and Recession Risks - DailyFX
5/20/2022 12:00:00 AM2 years 11 months ago
by Richard Snow
by Richard Snow
Gold’s rises on lower yields and softer US dollar as recession risks gain momentum. Key technical levels as the week comes to a close
Gold (XAU/USD) Analysis
- Short term dynamics and recessions risks lift the gold price (Lower US yields, softer USD and worsening economic outlook)
- Gold’s fundamental landscape remains… [+3556 chars] full article...