God could jump higher if it stays above the weekly pivot point. A new lower low activates a downside movement. The US data could have an impact later today. The price of gold is trading at 1,909 at the time of writing. It seems undecided in the short term after ending its temporary drop. –Are … Continued
The post Gold Price Facing Selling Pressure amid Higher Dollar Demand appeared first on Forex Crunch.
Read Full Story
Latest posts by Forex Crunch (see all)
- GBP/USD Price Fades Spike Above 1.23 After BoE’s 25-bps Hike - March 23, 2023
- USD/CAD Outlook: Fed Raises Rates, But Signals Looming Pause - March 23, 2023
- EUR/USD Forecast: Euro Soars as Fed Nears End of Hike Cycle - March 23, 2023
