FX:XAUUSD   Gold Spot / U.S. Dollar
0
Clearly an overall downtrend but prices has been choppy leading up to the FOMC conference this week. Tough trading conditions and the market seems to be a wait n see with bulls lurking beneath the 1150 levels. Need clearer direction and a Gravestone doji at the trend line with long would provide better confirmation

Overall, neutral and best to keep positions small in these conditions pre fomc
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.