Gold XAUUSD Showing Bullish Divergence Ahead Of FOMC Meeting

Gold and US Dollar have an inverse correlation. When US Dollar gets strong, gold loses ground. This is precisely what has happened. Gold fell on Wednesday, extending the previous session’s slide, as the dollar strengthened ahead of minutes from the Federal Reserve’s latest policy meeting, which will be scrutinised for clues on the U.S. rate… Continue reading Gold XAUUSD Showing Bullish Divergence Ahead Of FOMC Meeting