Gold Outlook: $3,300 Pounced Amid Risk-on, Eyes on Core PCE
Gold outlook remains fragile amid risk-on flows and dollar recovery. Mixed US data and a cautious Fed may keep the precious metal sidelined. Gold investments are rotating into other precious metals, keeping the yellow metal under pressure. The gold price extended its downward trajectory on Friday as risk sentiment improved, while the US dollar mildly... The post Gold Outlook: $3,300 Pounced Amid Risk-on, Eyes on Core PCE appeared first on Forex Crunch.
Gold outlook remains fragile amid risk-on flows and dollar recovery. Mixed US data and a cautious Fed may keep the precious metal sidelined. Gold investments are rotating into other precious metals, keeping the yellow metal under pressure. The gold price extended its downward trajectory on Friday as risk sentiment improved, while the US dollar mildly...
The post Gold Outlook: $3,300 Pounced Amid Risk-on, Eyes on Core PCE appeared first on Forex Crunch.
