Gold Trade Above Cloud & 21-EMA
Gold price trades flat ahead of Fed monetary policy. Markets anticipate a 75 bpbs rate hike and any surprise of a 100 basis point hike will drag the yellow metal further down.
Technical:
The near–term support is around $1680
resistance around $1740
Technical:
The near–term support is around $1680
resistance around $1740
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.