Leading up to the Fed news on the 21st; aswell as the breaking through of a major support area at 1680 - 1660 we can most likely see Gold riding a Bearish drop to the stronger supports around 1600.

As always, never risk more than 1-3% of your account per trade and to maintain a RR Ratio above 2+ because not every trade will go your way.
Hope this atleast can help give people ideas for trades across the rest of this week.


Opinions?

Chart PatternsFundamental AnalysisGoldgoldideagoldusdTrend Analysis

Penafian