ElenaMayi

GOLD - Under FED decision

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As we said, the price of gold will be down, and it also fell by 250 points. It is still showing negative trades and is gradually approaching our expected target of 2278. The price fell until it approached the 2278 support level. Negative attempts towards the 2260 level will rise if the index is lowered below the 2278 level and stabilizes under 2260. 2233 will be our target.

Right now, the price is attempting to do a short correction, then will try to stabilize under 2278.If the price stabilizes below this level, we need to brace ourselves for today’s first new fall.

also stabilizing above 2278 and will rise until 2305.

But use caution when transacting. The most significant news of the day might cause the market to react abruptly, particularly when it comes to the FOMC press conference and the Fed's interest rate decision

Tendency: Short under 2278
Target station: (2278, 2260, 2233).

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