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OGFXTRADER
Aug 3, 2021 9:51 AM

GOLD sparkless Short

GOLD / U.S. DOLLARICE

Description


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Gold remains under the left foot, with sellers taking control since the opening of the Asian session. Yesterday's pullback towards the Fib level 5.0 registered the end of the correction.

However, the bearish tone aiming at the 1,790 support level may be hindered, as investors expect a Dovish remark from the Federal Reserve governor Mr. Bowman later today. A scenario that could keep the yellow metal hovering over the 1,800 handle zone.

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