Powell will be speaking in 3.5 hours. I believe his speech will spark a rally in USD and result in Gold unfolding and heading below 1800.
DislikedGold looks to be be experiencing a correction. In my opinion it is waiting an impactful news to push it down past 1800 and if we see it close properly below 1800 we should expect it to short further more.Ignored
DislikedGold spot (XAU/USD) is rallying in the North American session, and it is above the 200-day moving average (DMA), which lies at $1838.30Ignored