Gold Price Forecast: XAU/USD points south to $1,900 amid ongoing downbeat momentum

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Gold Price Forecast: XAU/USD points south to $1,900 amid ongoing downbeat momentum
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Gold Price Forecast: XAU/USD points south to $1,900 amid ongoing downbeat momentum Gold XAUUSD Fed Ukraine RussianFederation

Ukraine crisis, hawkish Fed expectations to underpin the DXY, down gold price

“A daily closing below the $1,955 critical daily trendline support will open doors for a drop towards the March lows of $1,902 should the 21-DMA at $1,934 give way on a sustained basis.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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