Gold Falls, Is It Profit Taking or Waiting for the Fed Minutes?
Along with expectations that Powell may signal that the US central bank will remain cautious or cautious in easing interest rate policy.
At the time of writing, Gold Price was at $4,134.
- Buy if the price moves within $4,125.
- Sell if the price moves within $4,1145.
Resistance 2: $4,150.
Resistance 1: $4,143.
Support 1: $4,125.
Support 2: $4,120.
Disclaimer: This article is analytical in nature and is not a definitive reference. Please consider fundamental and technical developments in trading before making any investment decisions.
Source: Newsmaker.id