Gold had a near-perfect macro backdrop to extend higher last week, with Dollar weakness intensifying ahead of the Islamabad talks between the US and Iran. Yet, the rally has struggled to gain traction toward the $5,000 psychological level. The failure to capitalize on favorable fundamentals is beginning to raise questions about whether the current move […]
The post Gold Momentum Fades Despite Dollar Weakness, $5,000 Rejection in the Making? appeared first on ActionForex.
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