Thu, 04 Jan 2024 10:36:24 GMT
Gold reacts to US Fed
The decline of the price for gold had reached the support of the 2,030.00 mark, as the US Federal Reserve Meeting Minutes were published and caused a reversal of the course of the US Dollar. On the gold charts it resulted in a recovery back to 2,050.00.
A move above 2,050.00 is expected to encounter resistance in the 2,060.00 level