Gold (XAU/USD) has failed to have a positive follow-through in April after March’s stellar monthly gain of 9.3% despite a global risk-off environment seen in the past two weeks. The stagflation environment arising from the latest US reciprocal trade tariffs may have already been priced into Gold (XAU/USD). Technical factors are taking the driver’s seat […]
The post Gold Technical Outlook: On the Cusp of Transforming into a Potential Multi-Week Corrective Decline appeared first on Action Forex.