"A rebound in the U.S. dollar index sent gold prices lower following the European Central Bank's neutral tone last night," said Margaret Yang, a strategist with DailyFx, which covers currency, commodity and index trading. "The mid- to-long-term outlook remains bullish for gold, despite recent consolidation. An ultra-loose monetary policy and low yield environment is cushioning the downside."https://www.reuters.com/article/global-precious/precious-gold-slips-from-one-week-peak-as-stronger-dollar-weighs-idUSL4N2G80JL
September 11, 2020