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Gold Price Outlook: Precious Metals Seeking Bullish Catalyst – DailyFX

Gold price action dropped by 1% this past week as precious metals struggled to maintain altitude in the absence of a needed bullish catalyst. Will the broader t…

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GOLD PRICE WEEKLY TECHNICAL FORECAST: NEUTRAL

  • Gold gravitated 1% lower and silver slid 3% last week as the shiny commodities give back gains
  • Precious metals seem broadly supported by upward pressures despite recent headwinds
  • Gold price action could continue oscillating in the absence of a needed bullish catalyst

Gold prices remain turbulent with bulls and bears battling over the direction of precious metals. The last five trading sessions steered the price of go…

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