Gold – Key $4K Support Zone at Risk Again on Worsening Geopolitical Situation

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Gold edged lower after opening with $20 gap lower on Monday, following the latest escalation in the Middle East that fueled inflationary risk and added to expectations that the Fed will keep higher interest rates or possibly opt for rate hikes, providing support to US dollar. Markets also focus on this week’s key economic data […]The post Gold – Key $4K Support Zone at Risk Again on Worsening Geopolitical Situation appeared first on ActionForex.