Gold has dropped significantly today pre FOMC. We can see that gold is currently bearish and moving in a descending channel.
We captured the ride down from 1792.00 to 1760.00 earlier today, Now we are waiting for a retracement back to the 1778-85 area for re-entries.
Please check out our previous analysis.
We captured the ride down from 1792.00 to 1760.00 earlier today, Now we are waiting for a retracement back to the 1778-85 area for re-entries.
Please check out our previous analysis.
