Gold declined to multi-month levels as the Fed’s hawkish narrative gained traction.
The Fed indicated another hike before the end of the year and maintained elevated rates throughout 2024.
With the yellow metal plummeting, how long before we see the $1800 level being breached?
Timestamps
XAUUSD 01:25
DXY 03:05
The post Fed Drags Gold towards $1800! appeared first on Orbex Forex Trading Blog.
