GOLD PRICE FORECAST: RISK OF PROFIT-TAKING BEFORE TRUMP'S INAUGURATION
GOLD PRICE FORECAST: RISK OF PROFIT-TAKING BEFORE TRUMP'S INAUGURATION
Gold price is below the monthly high of $2,725 as of Friday.
US Dollar and Treasury bond yields are correcting amid renewed dovish expectations.
Gold traders may take profits ahead of Trump’s inauguration on Monday.
Gold remains a "buy-the-dip" trade according to the daily chart.
Gold paused its three-day uptrend as buyers take a break before the weekend.