Gold edges lower on Tuesday morning after rally in past two days reaching levels ticks away from new record high ($2531). Traders show hesitation, keeping the price in extended consolidation, but demand for yellow metal remains strong, mainly due to weaker dollar on Fed rate cut signals and growing geopolitical tensions in the Middle […]
The post XAU/USD Outlook: Extended Consolidation Likely to Precede Fresh Acceleration Higher appeared first on Action Forex.