Gold Price Forecast: XAU/USD remains poised to challenge $1,833 ahead of US data – Confluence Detector Gold XAUUSD Confluences Commodities Inflation
tepid bounce after the previous sell-off induced by the Bank of Japan’s surprise move, which rattled markets and smashed the greenback alongside the. The BoJ unexpectedly widened the band its target range for 10-year Japanese government bond yields, sparking a huge selling wave in bonds and stocks around the world.
Alternatively, the Fibonacci 23.6% one-day at $1,812 will come to Gold buyers’ rescue should the retracement gather steam. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
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