XAUUSD SIGNAL 07.11.2022.Gold Price Forecast: Strong retail demand to continue to mitigate ETF and futures outflows in Q4 – ANZXAUUSD SIGNAL 07.11.2022.

XAUUSD SIGNAL

Gold Price Forecast: Strong retail demand to continue to mitigate ETF and futures outflows in Q4 – ANZ

XAUUSD SIGNAL :Retail investments in Gold are set to cushion the downside against ETF outflows in the last quarter of the year, strategists at ANZ Bank report. 

Strength in the USD continues to be a headwind 

“Lower Gold prices and intensifying economic and geopolitical risk are supporting retail investment against heavy outflows in ETF and futures outflows. We expect this trend to continue, though financial investment continues to drive the price direction.”

XAUUSD SIGNAL :“Strong USD and rising yields are twin headwinds for financial investment in Gold.”

“Rising recession risk could provide haven flows, but rate guidance has to turn dovish.”                                                                                                            Confuse Which Broker is best ? , Here you can find the best regulated broker