MULTIDIMENSIONALTRADER

GOLD levels to lookout for rest of the week

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
As stated on Sundays weekly outlook , in the 1810-1817 zone we expected some resistance. Price has reached almost 1815 before dropping back below 1800.

We have FOMC tomorrow and if we were to see a further retracement, look out for 1780-185 Zone.

1765-1770 Zone is also a possibility during FOMC.

We are still bullish on Gold until 1750 level is broken.

Any pullback is a buying opportunity.

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