Daily Market Updates: Gold Price Forecast: XAU/USD bids its time below $4,200 in a dozy week opening

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Gold Price Forecast: XAU/USD bids its time below $4,200 in a dozy week opening

Reported · Written up by our desk · Major Pairs

Gold (XAU/USD) trades sideways on Monday with upside attempts capped below $4,200 and bears contained above the $4,150 area. Precious metals are drawing support from a moderately softer US Dollar, but the uptick in US Dollar yields limits rallies in an otherwise calm trading session.

Latest closeGold $4,157.80 ▲0.4%

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Sources

FXStreetGold Price Forecast: XAU/USD bids its time below $4,200 in a dozy week opening

Forex

Gold Price Forecast: XAU/USD bids its time below $4,200 in a dozy week opening

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Sources

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