Forex Trading Library

Gold Finds Resistance at $1950!

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Gold price retreated from the $1,950 handle, which is the highest level since April 2022.

Modest Dollar strength weighed on the yellow metal as the DXY found some support.

Recession fears should limit THE losses for Gold and smaller rate hikes expected by the Fed.

Timestamps
XAUUSD 01:54
DXY 03:00

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