Gold’s Collapse Subsides but Downside Risks Remain

<p>Gold has found some footing in the vicinity of the lower Bollinger band and recent trading session troughs, following a freefall in the commodity &#8211; due to a more aggressive message from the Federal Reserve regarding rate hikes in 2022 &#8211; from 1,854, which extended below the simple moving averages (SMAs) and the 1,800 handle. [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/427356-golds-collapse-subsides-but-downside-risks-remain/">Gold&#8217;s Collapse Subsides but Downside Risks Remain</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>