Gold jumps $30 as Fed downplays rate hike.
The Israeli-Palestinian conflict continues to escalate and is expected to expand, and the sense of panic continues to rise.
At the same time, the Federal Reserve again downplayed expectations of interest rate hikes, and the dollar ushered in a sharp retreat.
Gold extended to a new high of 1865 today after yesterday's rally.
Pullback 1853/1854 Long, target 1864-1870
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1870
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.