22 Aug 2025
Gold steadies near $3,330 as Jackson Hole takes center stage
Gold remains under pressure for a second consecutive day, weighed down by a strong US Dollar and firm Treasury yields.
Market focus is squarely on Fed Powell’s speech in Jackson Hole at 14:00 GMT, his final appearance at the event before his term ends in May 2026.
From a technical perspective, Gold is testing immediate support at $3,330; a break lower would expose $3,310-$3,300, while a recovery above $3,350 could target $3,370-$3,400.
