To make this purchase, you must look for returned candles in the specified area
If gold flew from here, this situation would be invalid
In this position, look at US labor market indicators and numbers
Save profit in 1752
Gold is at the bottom of the descending channel
An important support area has prevented further decline
The price level of 1775 can be reached before the meeting of the Federal Reserve
Continued price movement: channel failure or channel decline depends on the announcement of TAPERING
During this trading week
We have a meeting of the US Federal Reserve and a speech by Mr. Powell
The announcement of tapering and its speed and size is extremely important for the market
The next trend of gold is in the hands of the US dollar index
Be prepared for further analysis
You have to be careful about the strength of the US dollar index due to Tapering
The meeting of the Bank of Canada is also one of the important events ahead of this analysis
Rising oil prices due to new storms could benefit to our analysis