Possible bearish scenario NY Session
Updated
We are currently in a range that I don't want to see Gold leaving out until FOMC on Wednesday. We do have supply area right above us that I'd expect Gold to reject. Also we didn't take previous week's low which makes me more confident that it's more likely that we'll see lower prices today or tomorrow.
Note
Unfortunately it didn't hit the above supply zone but it went down as predicted and targeted previous weeks low
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