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Gold Price Forecast: Will XAU/USD defend 21DMA support on US Nonfarm Payrolls?

by Gold Editor
February 3, 2023
in XAU/USD Gold US Dollar
Reading Time: 1 min read

Gold price consolidates the pullback from ten-month highs of $1,960. Risk-off mood aids the US Dollar, US Treasury bond yields drop on dovish Federal Reserve expectations. Weak United States Nonfarm …
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  • Gold Price Forecast: XAU/USD faces resistance around $1,960 as US banking jitters ease, Yields soar - March 27, 2023
  • Gold Prices Soften as Concern Subsides Over Banking Meltdown - March 27, 2023
  • Gold backs further away from $2,000 as risk appetite rebounds - March 27, 2023
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