XAUUSD Double Top Pattern
Gold price lost its shine after the hawkish stance from Fed chairman Powell.
According to the CME Fed watch tool, the probability of a 75 bpbs rate hike in Sep rose to 70.5% from 55% a week ago.
Technical:
The near–term support is around $1710, resistance around $1760
According to the CME Fed watch tool, the probability of a 75 bpbs rate hike in Sep rose to 70.5% from 55% a week ago.
Technical:
The near–term support is around $1710, resistance around $1760
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