As shown in the XAU/USD chart, last Thursday, the price of gold dropped below $2,540. Today, however, the precious metal has surged above $2,660 per ounce. The more than 5% weekly increase was driven by a new wave of international tensions, particularly the escalation surrounding the approval for Ukraine to use Western long-range weapons for […]

The post Analysis of XAU/USD: Gold Price Rises by 5% in a Week appeared first on Action Forex.

Read More