The gold price is currently being influenced by bearish market sentiment and is expected to drop to around $1,830. This is due to the upcoming testimony of Fed Chair Jerome Powell and the Nonfarm Payrolls data release. Recent comments from Fed officials suggest a continued focus on hiking rates until they reach at least 5%, which could lead to a significant drop…

Gold on the flag – April 01 , 2023
Gold breaks the flag and the first target is equal to the height of