Gold prices continue to struggle this week with the precious metal unable to hold convincingly above the $3400/oz handle. This is no doubt a surprise given the tensions in the Middle East as well as data from the World Gold Council monthly report which showed Central Bank buying remains elevated. Sentiment has been swaying back […]
The post Gold (XAU/USD) Market Outlook: Central Bank Demand and Price Correction, $3350/oz Incoming? appeared first on Action Forex.
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Italian ECB Governing Council member Fabio Panetta warned that Eurozone inflation is likely to remain below the 2% target for an extended period. Speaking at a conference today, Panetta said the region continues to face Read more…
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