Gold forecast for June 8, 2021: rebound to the resistance line

Gold forecast for June 8, 2021: rebound to the resistance line

At first, the gold rate retreated slightly during yesterday’s trading, but turned back and again showed signs of stability. Players expect the CPI data to be released later this week as inflation is a serious issue. The $ 1.900 area has proven its strength over and over, so it will be difficult to overcome this … Read moreGold forecast for June 8, 2021: rebound to the resistance line

Gold Price Forecast for the week of June 7-13, 2021: bullish pressure prevails

Gold Price Forecast for the week of June 7-13, 2021: bullish pressure prevails

At first, the price of gold fell over the past week as traders focused on the idea that the Federal Reserve would cut back on its bond buying program, but after Friday’s employment data, it was clear that worries were unfounded. In this case, gold will continue to show a noticeable upward trend. The hammer … Read moreGold Price Forecast for the week of June 7-13, 2021: bullish pressure prevails