XAU/USD: pressure on gold is increasing. Fundamental analysis as of 23.05.2016

Forex analytics: By the end of trading session at COMEX last Friday, June futures for gold fell by 0.2% to 1252.90 USD per troy ounce. Following minor recovery since the opening of trades today, during European session the price of gold continued to decline. This is the fourth day of the decline. In Q1 2016 the price of gold demonstrated the highest quarterly growth over 30 years. The price of gold has grown by ...