Gold Prices Up as US Dollar and Yields Dip Ahead of US CPI. Can XAU/USD Go Higher?
Summary
By sueyangfx.com November 10, 2021 at 03:24AM Gold prices have moved higher on US Dollar weakness and lower yields as inflation may not be playing a direct role for it. Has gold got legs for a break higher?
More On DailyFX - Market News
- US Dollar Price Action: Hawkish Powell and Potential Month-End USD Buying
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- Gold Price Crumbles After Hawkish Fed Boosted US Dollar. Where to for XAU/USD?
- Supportive USD Fundamentals and DXY Setup Ahead of FOMC
November 10, 2021 at 03:24AM
Gold prices have moved higher on US Dollar weakness and lower yields as inflation may not be playing a direct role for it. Has gold got legs for a break higher?