Gold (XAU/USD) Rises on Lower Yields, Softer USD and Recession Risks - DailyFX
5/20/2022 12:00:00 AM3 years 9 months ago
by Richard Snow
by Richard Snow
Gold’s rises on lower yields and softer US dollar as recession risks gain momentum. Key technical levels as the week comes to a close
Gold (XAU/USD) Analysis
- Short term dynamics and recessions risks lift the gold price (Lower US yields, softer USD and worsening economic outlook)
- Gold’s fundamental landscape remains… [+3556 chars] full article...