XAUUSD 8/14 : Forecast

World gold price this morning tended to increase with spot gold increasing by 1.3 USD, so with last week's closing session, it was 1,914.4 USD/ounce.

Last week, gold saw its second consecutive week of bold errors as it fell about 1% for the week after the US consumer price index (CPI) and producer price index (PPI) reports showed apply play still. The precious metal has been kept in neutral range by opposing opinion around whether material losses have peaked or more yield gains remain.

The latest gold price survey shows that investors expect gold prices to achieve a solid increase in the week ending on August 18. Meanwhile, market analysts remain cautious as they wait for clear information from economic and technical trends. BUY GOLD | 1911 - 1913

Among the analysts surveyed, 31% think prices will increase; 31% forecast prices to fall; 38% neutral on gold this week. Among retail investors taking online polls on Main Street, 56% are optimistic that gold will rise this week; 27% predict lower prices; 17% think prices are flat.

XEUUSD SELL 1915 1917💯💯

✅TP1: 1909
✅TP2: 1907

SL 1920
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