Eyes on FOMC meeting - Make or break time for gold
The chart does all the talking - two clear trend support levels, the full retracement from the August highs (measured off the June-Aug rally). Conditions are grossly oversold, but could remain so if real yields don't move lower. I write about the catalysts here - pepperstone.com/en-au/market-analysis/gold-rally-into-march-fomc/
Warming to longs, but buying strength is always the way to go with gold
Warming to longs, but buying strength is always the way to go with gold
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