GOLD: Wait for the Fed FOMC Announcement
Note: $Gold - main 2508(GCmain)$ $XAU/USD(XAUUSD.FOREX)$
18th 14:00 EST: The Fed FOMC announces its interest rate resolution and a summary of economic expectations!
Gold has now been oscillating repeatedly for two days, as news of the Iran-Israel conflict wanes. Gold is not coming out in a better direction! But repeated oscillations are more conducive to friends who like to conduct short-term trading! But the interest rate resolution will be announced today! Personally, I think it will keep interest rates unchanged! Will be in favour of the strengthening of the dollar, suppressing gold!
Technical: gold is still in the overbought state, the key resistance 3403-05 has never broken through, the downward adjustment is not complete! Continue to pay attention to 3350 near the support, trading continue to maintain the main sell-single transaction!
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