Gold Spot / U.S. Dollar
Short
Updated

Gold trading idea today

Hello traders, what are your thoughts on GOLD? Breaking out of the downward channel has caused the price of gold to continue its descent. Currently trading at $1981, the current recovery seems to be a corrective move towards the $1984 level before it is expected to decline as indicated. The FED's interest rate announcement today may be a catalyst for gold's movement.

What is your perspective? Do you agree with me?
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