Gold Steady at $1,833 – Why 1,827 is Crucial for the Uptrend
- Yellen’s comments lifted some of the risk-off market sentiment and weighed on the gold prices on Friday
- The Fed’s expectations could provide a clear timeline for the upcoming interest rate hike, and this has started weighing on gold
- The support continues to hold around the 1,829 level, and a breakout here could lead gold towards 1,809
Gold (XAU/USD) – A Technical Outlook – All Eyes on $1,827
Read More: Gold Steady at $1,833 – Why 1,827 is Crucial for the Uptrend