FUNDAMENTALS:

Gold prices might see some more consolidation next week as the metal’s safe-haven allure continues to lose traction, according to analysts. But, the Federal Reserve meeting could offer surprising support to the yellow metal.

Even bullish gold analysts are admitting that the precious metal could retreat a bit further next week, especially after commodity markets chose to ignore another North Korean missile strike and a London terrorist attack on Friday.

“I am generally confident in gold, but I feel the metal is due for a bit of a correction next week,” Jasper Lawler, head of research at London Capital Group, told us.

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GOLD-DAILY

Source: http://www.fxters.com/xauusd-gold-forecast-week-september-18-22/

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