Scarcity of Bears on Gold. Forecast as of 15.10.2024

The pullback in the gold price proved to be less pronounced than expected. The precious metal held above $2600 per ounce and then returned to its initial level. The question now is, what will happen next? Let's discuss this topic and develop a trading plan.Highlights and key points The XAUUSD correction attracted new bulls. Central banks do not intend to stop buying gold. The rise in Treasury yields and the strengthening of the US dollar do not pose a threat to the precious metal. Gold cont