Spot gold extends weakness into second day as larger downtrend resumed after three-day consolidation and hit the lowest in one year on Thursday. The metal came under increased pressure on signals that major central banks are likely to start more aggressive approach to tightening their monetary policies that would further hurt demand for the yellow […]

The post XAU/USD Outlook: Gold Cracks Key Support, Pressured by Signals of More Aggressive Major Central Banks appeared first on Action Forex.