Gold News: Gold Prices Recover as Yields and Dollar Plunge Before Fed Minutes
FX Empire·2026-08-19 21:06
Spot Gold is edging higher early Wednesday as traders try to recover from Tuesday’s setback. Earlier in the session, gold dipped below Tuesday’s low at $4324.68, but strong buying prevented the market from challenging last week’s swing bottom at $4311.04. A trade through this level would have changed the trend to down and shifted momentum to the downside.The short-term range is $4409.83 to $4311.04. Its midpoint at $4360.44 is the level to watch today. Buyers have already reclaimed this level as buying stre ...