Gold can drop to 1780 in next hour
FOMC Minutes are due in less than 15 minutes and as per reports and the technical indicators, massive selling is expected. MACD, RSI and EMAs are signaling short term bearish trend.
Keep an eagle eye on short term candle sticks, especially 1m, 5m, 15m, 30m and short immediately after 1798 breaks.
Keep an eagle eye on short term candle sticks, especially 1m, 5m, 15m, 30m and short immediately after 1798 breaks.
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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.