Gold Price Forecast: Recoveries likely be capped as 20-day EMA slopes lower

Gold price (XAU/USD) trades 0.8% higher to near $4,110 during the European trading session on Thursday. The precious metal gains as the US Dollar (USD) is down despite a slight improvement in expectations that the next monetary policy move by the Federal Reserve (Fed) will be on the upside.

You are being sent to the original publisher. FX Radar keeps this reference for market context and source discovery.