empty
 
 
Back Fundamental analysis
analytics6a04600509b1a.jpg
Back Fundamental analysis
XAU/USD Price Analysis and Forecast: Gold Trades Below $4,700 as the US Dollar Strengthens
On Wednesday, gold (XAU/USD) is showing
The premium article will be available in
00:00:00
The premium article will be available in00:00:00
On Wednesday, gold (XAU/USD) is showing moderately negative dynamics, attempting to hold above the psychological $4,700 level, though without clear dominance from sellers. US inflation data published on Tuesday exceeded market expectations and strengthened investor confidence in further monetary tightening by the Federal Reserve. At the same time, ongoing geopolitical tensions contributed to the strengthening of the US dollar, which reached its highest level in more than a week, putting pressure on precious metal prices for a second consecutive day.According
Fresh articles are available only to premium users
Read analytics in early access, getting information first
Get
Irina Yanina,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Irina Yanina
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback