Technicals in Focus as Yield Drop Propels XAU Crude Oil Price Forecast: Technicals in Focus as Yield Drop Propels XAU
Gold prices have been on the up this month as the yellow metals fundamental outlook improved, as markets capitulated further to a transitory view on inflation. XAU/USD is tracking near 3.3% higher month-to-date, following a 7.19% decline in June. That is when taper talk fears, spurred by rising prices, pushed the US Dollar...