Gold price has faced barricades around the 23.6% Fibo retracement at $1,880.00 as yields soar. The commentary from Fed Powell about interest rate guidance will be keenly watched. The USD Index has refreshed its four-week high at 103.28 amid a risk-off mood.
Read Full Story at source (may require registration)
Latest posts by Gold Editor (see all)
- Gold Price Forecast: XAU/USD to see another run higher on a sustained break above $2,000 - March 21, 2023
- Gold prices drift higher as investors focus on US Fed meeting - March 21, 2023
- Gold Price Forecast: XAU/USD lingers below the $2,000 mark as the market awaits Fed’s policy decision - March 21, 2023
