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XAU/USD: Dovish Fed and Safe-Haven Buying Underpin Gold Price

Started by PocketOption, Nov 26, 2022, 05:08 am

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PocketOption

XAU/USD: Dovish Fed and Safe-Haven Buying Underpin Gold Price

Gold price edges lower in European trading on Friday, after the action repeatedly failed at 10DMA ($1756), with daily techs remaining bullishly aligned after a pullback from Nov 15 peak ($1786) found firm ground just above pivotal Fibo support (38.2% of $1616/$1786), reinforced by rising 20DMA. The metal is on track for a marginal weekly […]


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