Gold has found some footing in the vicinity of the lower Bollinger band and recent trading session troughs, following a freefall in the commodity – due to a more aggressive message from the Federal Reserve regarding rate hikes in 2022 – from 1,854, which extended below the simple moving averages (SMAs) and the 1,800 handle. […]
The post Gold’s Collapse Subsides but Downside Risks Remain appeared first on Action Forex.
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