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https://www.dailyfx.com/news/xau-usd-gold-price-forecast-channel-support-holds-for-now-but-bearish-risks-still-present-20230606.html
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Gold Price Forecast: Channel Support Holds for Now but Bearish Risks Still Present - DailyFX
6/6/23 at 7:30pm
Organization
DailyFX
Author
Diego Colman
Details
38 words
Summarize
Commodities & Futures Trading
Business & Industrial
channel support
Channel Support Holds for Now
Bearish Risks Still Present
Gold prices extend recovery after bouncing off channel support, but the rebound lacks strong momentum, a sign of low conviction given recent market developments.
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