There is additional room for Gold price to drop further – TDS – by eren_fxstreet Gold XAUUSD Commodities Banks
in Q2. Technically, we see significant support at just above $1,960/oz. However, we see the yellow metal trend at $2,100/oz in late H2-2023."
"Traders should keep an eye on data during the Fed's quiet period. Strong data suggests more gold downside, while weakness implies strength for the yellow metal."Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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