Sage Investment Club

Market Analsysis

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.

XAUUSD 01:54
DXY 03:00

The post Gold Finds Resistance at $1950! appeared first on Orbex Forex Trading Blog.

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