As the trading week moves forward, one of the most relevant developments across financial markets has been the continued weakness in gold. The metal has now posted two strong bearish sessions, with a short-term decline of just over 5.00%, once again highlighting a clear selling bias in XAU/USD. Gold remains under pressure in an environment where the US dollar continues to act as an important alternative for investors. At the same time, markets remain focused on upcoming US economic data, which could reinforce expectations of a more aggressive Federal Reserve. As long as investors continue to price in higher rates and ... (full story)