As stated on Sundays weekly outlook, in the 1810-1817 zone we expected some resistance. Price has reached almost 1815 before dropping back below 1800.
We have FOMC tomorrow and if we were to see a further retracement, look out for 1780-185 Zone.
1765-1770 Zone is also a possibility during FOMC.
We are still bullish on Gold until 1750 level is broken.
Any pullback is a buying opportunity.
We have FOMC tomorrow and if we were to see a further retracement, look out for 1780-185 Zone.
1765-1770 Zone is also a possibility during FOMC.
We are still bullish on Gold until 1750 level is broken.
Any pullback is a buying opportunity.