waiting FOMC= waiting at resistance 1775-1784
previously I create an idea retest 1755 support before FED FOMC
gold already break down the support, now it under weekly support
it already bearish signal, but without FED FOMC it cannot play next price action
so the bearish technical movement would be retest resistance before FED FOMC 21-22 sept
resistance at 1775 or 1783
next movement
if tappering happen this year gold bearish to 1620 and 1560
if tappering happen next year possible gold bullish to 187x
gold already break down the support, now it under weekly support
it already bearish signal, but without FED FOMC it cannot play next price action
so the bearish technical movement would be retest resistance before FED FOMC 21-22 sept
resistance at 1775 or 1783
next movement
if tappering happen this year gold bearish to 1620 and 1560
if tappering happen next year possible gold bullish to 187x
Comment:
weekly MA 100 , 150 and 200 support level
