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ForexMay 20, 2026Source: Action Forex

Gold Sees Heavy Selling Ahead Of Key FOMC Minutes Event

Gold Sees Heavy Selling Ahead Of Key FOMC Minutes Event

Key Highlights Gold started a fresh decline below the $4,600 support. A major bearish trend line is forming with resistance at $4,660 on the 4-hour chart. WTI Crude Oil regained traction and climbed above $105. EUR/USD could continue to move down toward 1.1550

Key Highlights Gold started a fresh decline below the $4,600 support. A major bearish trend line is forming with resistance at $4,660 on the 4-hour chart. WTI Crude Oil regained traction and climbed above $105. EUR/USD could continue to move down toward 1.1550. Gold Price Technical Analysis Gold failed to surpass $4,800 and trimmed gains […] The post Gold Sees Heavy Selling Ahead Of Key FOMC Minutes Event appeared first on ActionForex.