Gold price cannot support short 1950
The Fed's hints drove the rise of the U.S. dollar index and also caused the price of gold to continue to fall.
Gold’s bearish momentum could push spot market gold prices back to the 2023 low of $1810.
Gold's downward trend has obviously been testing the 1870 position. Once gold breaks through 1870, it will reach a low of 1850.
Target 1850
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