Gold is edging lower ahead of fed meeting tomorrow and remain cautious about any monetary decision besides interest rate.
also a possibility of less liquidity in the market because of yesterday's Bitcoin went back to the upside near 40k again, investors will transfer a part of gold's capital to cryptocurrency market by selling their positions to have more equity.
otherwise it remains a good opportunity for buy and keep position with small stop loss below 1790 and 4 to 5 times profit near 1825.
also a possibility of less liquidity in the market because of yesterday's Bitcoin went back to the upside near 40k again, investors will transfer a part of gold's capital to cryptocurrency market by selling their positions to have more equity.
otherwise it remains a good opportunity for buy and keep position with small stop loss below 1790 and 4 to 5 times profit near 1825.
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