GOLD / Pivot Line Ahead FED Rate decision

Gold Technical Analysis

The market will move under the key events of the FED Rate and GDP it will be a volatile week for gold.

The price dropped about 250 pip as we mentioned yesterday.

Now should break 2638 by closing 4h candle to be bearish till 2623, Otherwise stability above 2638 will try to touch 2653.

Key Levels:
Pivot Point: 2638
Resistance Levels: 2653, 2665, 2678
Support Levels: 2623, 2612, 2612

previous idea:
Gold Technical Analysis: Volatility Ahead of Fed Rate Decision
Supply and DemandSupport and ResistanceTrend Analysis

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