Gold hits 3-month low as Powell mentions rate hike
Spot gold price, reflecting gold trading physical gold and is closely followed by some traders
against gold futures, at $1,934.82 at 14:10 ET (18:10 GMT), down $1.53 or 0.08% on the day.
Before that, it fell to the lowest level in three month is $1,919.44.
Despite Wednesday rally, some analysts
Analysts predict gold will continue to weaken as the Fed continues to maintain
maintain higher interest rates.
Powell remains bullish on interest rates; Gold market begins
sharp
Gold falls as Powell begins his first speech
Congress, steadfast in the tough stance he has taken
used at the Fed's rate decision press conference from
June 14, when the central bank pauses
the monetary tightening lasted more than a year.
GOLD SELL 1927-1930 💯💯
✅ TP1: 1922
✅ TP2: 1917
✅ TP3: 1912
🛑 SL: 1935
against gold futures, at $1,934.82 at 14:10 ET (18:10 GMT), down $1.53 or 0.08% on the day.
Before that, it fell to the lowest level in three month is $1,919.44.
Despite Wednesday rally, some analysts
Analysts predict gold will continue to weaken as the Fed continues to maintain
maintain higher interest rates.
Powell remains bullish on interest rates; Gold market begins
sharp
Gold falls as Powell begins his first speech
Congress, steadfast in the tough stance he has taken
used at the Fed's rate decision press conference from
June 14, when the central bank pauses
the monetary tightening lasted more than a year.
GOLD SELL 1927-1930 💯💯✅ TP1: 1922
✅ TP2: 1917
✅ TP3: 1912
🛑 SL: 1935
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