Gold Prices Probe Barrier as Inflation Data Sinks the USD and Yields of clients are net short. Long News of clients are net short. Long News
GOLD PRICE OUTLOOK:
Gold prices traded flat after rising 0.76% on Tuesday as bond yields fell alongside the US Dollar
US headline inflation advanced 2.6% YoY in March, showing an accelerated pace of economic activity
Prices attempted to breach the 50-day SMA as a bullish “Double Bottom” chart pattern takes shape
Gold prices traded flat during the APAC morning session after falling yields and a weaker US Dollar sent its price 0.76% higher in the prior session. US headline CPI hit 2.6% in March, marking a two-and-half year high as economic activity accelerates with rapid vaccine rollouts and fiscal sti
Gold Prices Fall as Strong PPI Readings Boost Yields, USD Rises
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Gold Prices Hold Up, Crude Oil Higher as Yellen Defies Inflation Fears
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