I am sharing my technical analysis on Gold so that you can take your decision on Gold trades. It has broken the 1850 level after the FED rate decision and downtrend is officially started.
Upside Scenario
I m not expecting for buy positions and will be looking to sell only on the retracements.
Downward Scenario
I am expecting another downward move in the London session today. Gold has made a nice pull back and ready for another fall.
I will be sharing technical analysis of forex and crypto assets in the coming days. These technical analysis are for educational purposes only and should not be considered a financial advice.