Tue, 20 Sep 2022 08:59:33 GMT
Gold trades around 2021 low level
The price for gold is apparently waiting for the US Federal Reserve Rate hike, which is scheduled for Wednesday's 18:00 GMT. Namely, the metal has been trading between the resistance of the 1,680.00 level and the support of 1,655.00/1,660.00 since Friday.
On Tuesday morning, the pair had once again bounced off the resistance of the 1,680.00 level.
Economic Calendar Analysis
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