FOCUSFOREX_TRADERS_FFT

GOLD...bearish 1H view...(Before FOMC )

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
For continuation of the short term downtrend and with failure of the demand zone to push the price up still the trend below MA200 and FIBO level0.23 ...the trend can complete its way up to the next support level 1616.770 after breaking the last support zone at 1661.720 level...be safe...
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