Some Federal Reserve policymakers were in favor of a faster pace of bond tapering to provide the central bank with plenty of room to hike rates amid concerns about inflation pressures, the minutes of the Fed November meeting showed on Wednesday.
As long as the Gold price stays above 1785 on a four-hourly basis, we will see the daily resistance level at 1805. On the downside, if the price breaks down below 1785, the next support level will be at 1763
Support : 1785 - 1763 - 1745
Resistance : 1805 - 1829 - 1854
25 Nov 21 (Thu)
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