As the FOMC and its chairman Powell laid dovish stance of future monetary policy, the risk appetite lifts the gold price to 1394.
I would see how the price will close today. Will it close below 1364? If so, then support 1341 would be exposed.
If the price close above 1364, I think I should take long position around this level. Target will be 1394 - 1400.
I would see how the price will close today. Will it close below 1364? If so, then support 1341 would be exposed.
If the price close above 1364, I think I should take long position around this level. Target will be 1394 - 1400.