Gold Prices Eye 2019 High Following Dovish Fed Testimony

From dailyfx.com

Gold quickly pares the decline from earlier this week as Federal Reserve officials show a greater willingness to switch gears, and the price of bullion may exhibit a more bullish behavior over the coming days as the Relative Strength Index (RSI) pushes back towards overbought territory. GOLD PRICES EYE 2019 HIGH FOLLOWING DOVISH FED TESTIMONY Gold looks poised to test the 2019-high ($1439) as Fed Chairman Jerome Powell strikes a dovish tone in front of Congress, and it seems as though the Federal Open Market Committee (FOMC) is on track to insulate the US economy as “many FOMC participants saw that the case for a ... (full story)