11:15, 18 June
After the FED's increase in inflation expectations and the interest rate increase expectations seen in the dot chart, the sales accelerated as the technical levels were broken in precious metals. After the statements of Federal Reserve Chairman Powell, gold fell by about 90 dollars from the 1860 region to the 1770 region with a hard sell; It continues to trade below the 100-day moving average (1795) at $1783.
While there is no data flow that will affect the price activity in the economic data calendar, the 1767 – 1770 region can be followed as a support level in case of possible retracements.
- Resistance: 1795 – 1803 – 1812
- Support: 1770 – 1756 – 1770