FOMC is not going to make a move in 2021, that is clear. Gold fell down to its 100-DMA and is looking to find a bottom. The market is oversold, the price will find resistance now near 200 DMA around $1,852.
FOMC is not going to make a move in 2021, that is clear. Gold fell down to its 100-DMA and is looking to find a bottom. The market is oversold, the price will find resistance now near 200 DMA around $1,852.