Gold XAUUSD Chart Technical Outlook bull-bear tug-of-war in play, focus shifts to key EU/ US events
EUR and USD high-impact news will play their role in Gold’s volatility. The US Dollar remained on the back foot alongside the US Treasury bond yields on increased dovish Fed expectations, allowing Gold prices to attract buyers. However, risk-aversion returned in the second half of the day and lifted the demand for the safe-haven US Dollar, triggering a sharp pullback in Gold price from a three-day top of $2,403.
