Gold Price Analysis: XAU/USD looks to $1,840 on USD strength, key support break
-Gold stays pressured near weekly/monthly low, extends Friday’s losses.
-US dollar benefits from safe-haven bids ahead of FOMC, Treasury yields consolidate latest losses.
-Off in Australia, China and a light calendar limits fresh catalysts needed for bounce, G7 updates battle stimulus hopes.
-US Retail Sales may offer intermediate direction ahead of FOMC.
2021-06-14