Gold Price (XAU/USD) Looks Set to Test Multi-Month Support - DailyFX


7/14/2022 12:00:00 AM2 years 9 months ago
by Nick Cawley

Gold will continue to struggle as global interest rates rise further, opening the way for further losses.

Gold Price (XAU/USD), Chart, and Analysis

  • Gold is challenging support and looks set to break lower.
  • Super-sized US rate hikes weigh on the precious metal.
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