Here are two crucial things you must know what's gonna affect Gold's price today.
1. FOMC New Event
The FOMC meeting minutes news event that is about to occur today has a highly significant impact on Gold. It is scheduled to be out by 18:00 (GMT).
2. Technical Analysis
As per technical analysis over the chart, Gold has already reached its resistance level at 1290.08. So, there is a high chance for it to retrace back until the 1283.75 price level.
1. FOMC New Event
The FOMC meeting minutes news event that is about to occur today has a highly significant impact on Gold. It is scheduled to be out by 18:00 (GMT).
2. Technical Analysis
As per technical analysis over the chart, Gold has already reached its resistance level at 1290.08. So, there is a high chance for it to retrace back until the 1283.75 price level.