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Gold: Strong Bearish Signal on Weekly Close Below Broken $1975 Higher Base

Gold: Strong Bearish Signal on Weekly Close Below Broken $1975 Higher Base
Gold edges higher on Friday in consolidation of sharp fall (2.9%) in past three days and on track for the biggest weekly loss since the last week of January. Metal’s price fell on fresh optimism over debt ceiling talks and the latest hawkish shift in Fed’s rhetoric, which hinted possible further rate hikes, against signals […] The post Gold: Strong Bearish Signal on Weekly Close Below Broken $1975 Higher Base appeared first on Action Forex... Read More
Posted: May 19 2023, 14:14
Author Name: actionforex
Views: 102693

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