Gold rallies on her comments and breaks thru resistance levels as FED chairperson Janet Yellen said, it was appropriate for the FED to proceed “cautiously” in raising interest rates.
Global developments and risks have led policymakers to project a slower path of rate hikes than initially expected in December, Yellen said.
Dollar index on the lows after her comments giving gold its bid in early afternoon trading.
Have a wonderful Tuesday.
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