XAU climbed to the top Monday morning
World gold spot price stands around 2,406.9
Kitco News' latest weekly gold survey shows experts and retailers are optimistic about gold prices this week.
XAU remains in a bullish trend. Gold prices rose for the third consecutive week, supported by low interest rates and a weak USD.
Weak CPI report and speculation that the US Federal Reserve (Fed) may cut interest rates more than twice this year. Thereby, gold prices may continue to increase in the short term.
Kitco News' latest weekly gold survey shows experts and retailers are optimistic about gold prices this week.
XAU remains in a bullish trend. Gold prices rose for the third consecutive week, supported by low interest rates and a weak USD.
Weak CPI report and speculation that the US Federal Reserve (Fed) may cut interest rates more than twice this year. Thereby, gold prices may continue to increase in the short term.
Note
SELL XAU 2411 _ 2414TP1: 2403
TP2: 2495
SL: 2420
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.