From a technical perspective, repeated failures near the $1,810-12 resistance zone and the subsequent fall on Friday suggests that the recent positive move has run out of steam. This might have already set the stage for a slide towards testing the $1,762 support area. The corrective pullback from multi-week tops could further get extended towards October monthly...
Gold alomost reched the high after the fomc speech.Now loacted at the resistance zone and from here steeping towards the strong support zone 1750.70.Overall Gold is in Down trend