Gold price extends its consolidative price move in the weekly trading range. The Fed’s hawkish pause acts as a headwind for the non-yielding commodity. Sliding US bond yields keep the USD bulls on the defensive and lend support.
Gold now sell 2766
Support 2740
Gold now sell 2766
Support 2740
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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.