Teknisk analys av guld

Gold prices are still trading near their previous levels, awaiting the decision of the US Federal Reserve tomorrow. Currently, if the price remains below the upper boundary of the channel and the resistance level at 1970 and holds below it, there will be a strong selling opportunity with targets reaching 1930 as the first goal. However, in case of an upward movement and a break above these levels, any opportunity for a decline will be canceled