Gold Price Forecast: buyers will take control

17 thg 5, 2021

The recent rally in the price of gold appears to be stalling ahead of the 200-Day SMA ($1847) as Federal Reserve officials expect the recent spike in the US Consumer Price Index (CPI) to be temporary, and the Federal Open Market Committee (FOMC) Minutes may drag on the precious metal as the central bank appears to be in no rush to switch gears.