Hind_Hamid

GOLD technical analysis

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold has been in consolidation for two weeks now with a bearish insight. as we all waiting for the Fed next week if the speech was hawkish as expected this may drive the gold lower perhaps towards 13000 or even lower to 1295 region.
however, i don't think that the falling " if it happens" will be dramatic, if we could find a support around 1300, 1295 handles, this might be a good opportunity for long positions.

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