Gold Price Forecast: XAU/USD Pulls Back, Sellers Eye Next Leg Down
Gold is licking its wounds near two-week lows in Friday's Asian session, as sellers remain hopeful of clinching the biggest weekly loss in six weeks.
XAUUSD
Gold slipped further in Friday’s Asian trading, staying close to two-week lows. The pullback follows a recent decline, with sellers expecting further downside.
Market sentiment points toward a potential continuation of the bearish move, with traders focusing on the next leg lower. The current weekly performance could mark the largest loss in six weeks, underscoring the prevailing negative bias.
Source: FXStreet Forex News