Gold extends range play below $4,100 as rebounding USD meets receding Fed hike bets
Gold (XAU/USD) struggles to capitalize on a modest weekly bullish gap opening and remains below the $4,100 mark heading into the European session. The US Dollar (USD) stages a modest recovery from its lowest level since June 17, which, in turn, is seen capping the upside for the commodity.
GOLD
Gold (XAU/USD) struggles to capitalize on a modest weekly bullish gap opening and remains below the $4,100 mark heading into the European session. The US Dollar (USD) stages a modest recovery from its lowest level since June 17, which, in turn, is seen capping the upside for the commodity.