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XAU/USD Outlook: Gold Falls Below $1900 on Expectations of More Aggressive Fed, Strong Dollar

Started by PocketOption, Apr 26, 2022, 06:34 am

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PocketOption

XAU/USD Outlook: Gold Falls Below $1900 on Expectations of More Aggressive Fed, Strong Dollar

Spot gold accelerated lower on Monday, losing more than 1.5% and probed below $1900 mark for the first time in more than three weeks. Robust US dollar, which holds near the two-year high against the basket of major currencies, driven by strong safe-haven demand and signals of more aggressive policy tightening by the US central […]


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