The area between 1825-1860 always has a rapid rise or fall due to news, so there is no strong support logic except for 1835, which had support last month. Technically, we expect the price to fall to these areas slowly.
The Fed is in a difficult situation, as inflation is still high, and the decision to raise the rate will lead to the collapse of more companies. Therefore, I expect the Fed to take a risk and raise the interest rate in the next announcement to pressure inflation more, which will raise the dollar and lower gold.
The Fed is in a difficult situation, as inflation is still high, and the decision to raise the rate will lead to the collapse of more companies. Therefore, I expect the Fed to take a risk and raise the interest rate in the next announcement to pressure inflation more, which will raise the dollar and lower gold.
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