Fed Powell comments came as the Fed handed down its latest policy decision on Wednesday, where he said that interest rate hikes are a ways away and that the job market still had some ground to cover before the central bank begins to taper its assets.
The Gold price moved up above the 1805 main level. As long as the price stays above 1805, on a daily basis, we will see the daily resistance level at 1829. On the downside, if the price breaks down below 1805, the next support level will be at 1785.
Support : 1805 - 1785 - 1763
Resistance : 1829 - 1854 - 1873
29 Jul 21 (Thu)