Gold futures ended Tuesday at a roughly three-week high, while silver saw prices settled at their highest since late June. If U.S. Treasury yields have “peaked near term along with the dollar, gold and silver can both extend gains and claw back some of the recent losses,” analysts at Sevens Report Research wrote in Tuesday’s newsletter. “However, the current trends in both remain bearish,” they said. Gold for December delivery GCZ22,
XAUUSD: Gold continues to strengthen after completing a correction
Despite positive fundamental forecasts for the US, Gold continues to strengthen, with the growth target at 2,650. More details in our XAUUSD analysis for today,