GOLD/XAUUSD recently tried to break above the $1350.00 level and failed to close above. This is the most important
This technically shows that the market could fall back to demand zone 1320 area, if USD continues to strengthen ahead of the FOMC.
If the FOMC cuts the rates then we expect this precious metals to be trading above $1350.00 and up to the $1375.00 resistance.
This technically shows that the market could fall back to demand zone 1320 area, if USD continues to strengthen ahead of the FOMC.
If the FOMC cuts the rates then we expect this precious metals to be trading above $1350.00 and up to the $1375.00 resistance.
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