Gold Price Forecast: XAU/USD grinds higher past $1,895 support as PMI data looms

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Gold Price Forecast: XAU/USD grinds higher past $1,895 support as PMI data looms
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Gold Price (XAU/USD) stays on the front foot for the fourth consecutive day despite lacking upside momentum ahead of the top-tier statistics. That sai

Gold Price braces for the first weekly gain in five despite positing mild daily gains of late.

That said, the XAU/USD’s latest run-up could be linked to the US Dollar’s retreat amid softer Treasury bond yields and slightly positive market sentiment. rebound as markets await preliminary readings of the August month Purchasing Managers Indexes for major economies.Gold Price: Key levels to watch

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