XAU/USD: pair slows growth

Forex analytics: Current trendThe price of gold slightly fell in the end of last week amid growing stock market that reduced an interest for safe-haven assets, such as gold.In addition, the pair was pressured by strong macroeconomic data from the US. The Markit Manufacturing PMI grew from 51.2 to 52.7 points while economists forecasted a fall to 51.1 points. In addition, Existing Home Sales rose by 14.7%, ...