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Forex news -forex broker review => Forex => Topic started by: forex4you on Apr 27, 2022, 12:52 pm

Title: Gold Price Breaks Monthly Lows, Prone to Further Losses amid Fed
Post by: forex4you on Apr 27, 2022, 12:52 pm
Gold Price Breaks Monthly Lows, Prone to Further Losses amid Fed

Gold remains bearish as the Fed's aggressive rate hike plan weighs on it. Poor risk sentiment keeps the downside limited. Technically, the metal has broken monthly lows, looking at $1,874. The gold price stays under pressure during the earlier part of the European session on Wednesday. The price has moved below the $1,900 mark and … Continued


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