San Francisco Fed President Mary Daly said hiking rates by 50 or 75 basis points next month would be a reasonable way to get short-term borrowing costs to a little bit above 3% by the end of this year, and on their way to a little bit higher in 2023.

As long as the GOLD price stays below 1763 on a four-hourly basis, we will see the support level at 1745. On the upside, if the price rises above 1763, the next resistance level will be at 1785

Support: 1745
Resistance: 1763 -1785 - 1805

19 Aug 22 (Fri)

04:30 am