Gold Price Forecast: XAU/USD senses responsive buying below $1,900 but still inside the woods By Sagar_Dua24 Gold XAUUSD Ukraine Fed DollarIndex
e precious metal witnessed a steep fall this week after failing to sustain above the grounds of $1,950.00. Although a responsive buying slightly below $1,900 has pushed the gold prices near $1,920.00.
The Russian administration is withstanding the initial step of ceasefire with Ukraine and has withdrawn its troops in northern Ukraine and Kyiv. While Ukraine has adopted a neutral status and is abstaining from an alliance with the NATO community.. Risk-sensitive assets are gaining traction amid active risk-on impulse. has also faced the heat of sheer selling in the safe-haven assets. The DXY is reversing to Tuesday’s low around 98.
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