FED's recent report says economic outlook is not bad as we think. Gold is usually gain when economy is not good. So ,I am selling gold before CPI report. My target 1850,1830,1820 the best is 1800(physical level to support)
TODAY POWELL SPEAKS. we are expecting continuation dollar bullishness. So, I am still bearish on gold. but we should be careful on 1850 level which daily MA 50 level. If we broke this level we can target 1800 level.