While risk-off intensifies on North Korean headlines, gold price regain poise after it retreated towards the $1280 level.
Gold broke below 1280 and hit 2019 low at 1274. Further dip is expected to 1260 with the expectation of a bullish reversal pattern at the base | AtoZ Markets
The XAUUSD pair fell sharply on Thursday and the bearish pressure gathered strength below the $1300 handle to drag the pair towards $1290.
Gold has rejected to break below 1280 and has returned upside above 1300. Will the rally continue to 1325? AtoZ Markets
Gold prices are on the bid for the third straight day as the USD remains in the defensive ahead of the Fed meeting. The following gold price rally explains more.