Gold futures have struggled for direction since this week's trading began as the Federal Reserve revealed its willingness to raise US interest rates as long as necessary to fight inflation. The yellow metal wiped out all of its gains for 2022 amid a price rally environment. The price of gold tried to recover from the recent selling operations. It pushed it towards the support level of $ 1787 an ounce, its lowest in five months, by rebounding to the level of $ 1836 an ounce. With the lack of momentum, it returned to stability around the level of $ 1811 an ounce at the time of writing the analysis. Overall, gold prices ... (full story)