Gold Price Forecast: XAU/USD bulls cheer downbeat US Treasury bond yields, US Dollar Gold XAUUSD SEO YieldCurve Fed
on inflation but added that she doesn't want to forecast the end of the tightening cycle. On the same line, Richmond Federal Reserve President Thomas Barkin said on Tuesday, in an interview with CNBC, that inflation certainly has peaked but warned that there are still ways to go. US Dollar
That said, a one-week-old ascending trend line and the 200-Hour Moving Average , respectively near $2,003 and $1,995, can restrict the short-term downside of the Gold price.
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