The gold prices were spotted to form a bullish flag last Monday, with a fast stochastic reading at 77, demonstrating a buying signal for investors to buy gold. The support on the metal was also seen nearing at the 1,232 20-day moving average and a 50-day moving average at 1,225. Meanwhile, the Federal Reserve's monetary policy decision on interest rates on Wednesday is expected to raise by 25 basis points.
Meanwhile, the Federal Reserve's monetary policy decision on interest rates on Wednesday is expected to raise by 25 basis points.
Meanwhile, the Federal Reserve's monetary policy decision on interest rates on Wednesday is expected to raise by 25 basis points.