I am expecting markets to enter into risk-on mode after FED`s tomorrow. The price of gold, as a safe haven and risk-off asset will suffer from this.
The 1300 - 1320 area is sell area for gold. Expecting gold to test the 1240 level again. The short trade is valid untill we reach December and the next FED meeting.
The 1300 - 1320 area is sell area for gold. Expecting gold to test the 1240 level again. The short trade is valid untill we reach December and the next FED meeting.
