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XAU/USD. Price Analysis. Forecast. Gold Buyers Remain Cautious
During Wednesday's European trading session, the
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During Wednesday's European trading session, the XAU/USD pair continues to consolidate below the $4,200 level, under the influence of conflicting fundamental factors. Falling US Treasury yields are pulling the dollar away from the two-month high reached the previous day, providing support for gold.However, expectations of tighter monetary policy from the US Federal Reserve are limiting price growth, as traders prefer to wait for the release of important US macroeconomic data before opening new positions in gold.Later today, the Personal Consumption
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