XAU/USD DOWN BUT NOT OUT AHEAD OF US PMI DATA

XAU/USD DOWN BUT NOT OUT AHEAD OF US PMI DATA
Gold price pulls back from near all-time highs of $2,955, anticipating US PMI data.
The US Dollar attempts a recovery despite sluggish US Treasury bond yields.
Gold remains exposed to upside risks, with a positive daily technical setup.
Despite the correction, gold is on track for an eighth consecutive weekly gain.